Summary
Germany vows not to “give in” as Donald Trump imposes a 25% tariff on imported cars, effective April 2, with parts tariffs starting in May.
France, Canada, China, and Japan criticize the move, warning of economic harm and trade disruptions. European leaders call for retaliatory tariffs to maintain a balanced trade field.
Automakers’ shares, including General Motors and Ford, dropped significantly.
Trump argues tariffs will boost US manufacturing, while critics claim they will increase consumer prices and hurt global economic ties.
VW is flailing currently. Honestly? They should just get rid of the of the factory as it should not have been build in the first place because it is in a water protection area and they require about as much water as a 40000 people, which the area cannot handle longterm. And it didn’t take a damn month for the paint shop there to spill 15,000 liters of chemicals for the first time.