In response to US President Donald Trump’s new tariffs on foreign-made cars, the world’s leading car exporters – including Canada, Japan, and Europe – have vowed to fight back with countermeasures. Former European Union Trade Commissioner Cecilia Malmström recently discussed the potential disruption that Trump’s latest measures could bring to Europe’s car industry.
Malmström expressed concerns that Trump’s car tariffs would not only impact European countries, but also hurt American consumers. These tariffs could lead to increased prices for imported cars, making it more expensive for Americans to purchase vehicles from Europe and other countries affected by the tariffs.
The trade tensions between the US and its global partners have been escalating, with threats of retaliatory measures and possible trade wars looming on the horizon. Malmström’s insight sheds light on the potential consequences of Trump’s protectionist trade policies on both sides of the Atlantic.
As the automotive industry braces for the impact of these tariffs, it remains to be seen how negotiations will unfold and whether a resolution can be reached to prevent further economic strain. Stay tuned for updates on this developing story.
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Video “Ex-EU trade chief says Trump's car tariffs will hurt Americans too | DW News” was uploaded on 03/28/2025 to Youtube Channel DW News