A new 25% tariff on cars produced in the European Union for import into the United States could result in additional annual costs to the German automotive sector of €2.5 billion ($2.9 billion), according to a survey published on Saturday. The post New US tariff on EU cars would mainly hit German automakers – Survey appeared first on Ghana Business News.
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New US tariff on EU cars would mainly hit German automakers – Survey
Ghana Business NewsBy emmakdSun, 3 May 2026 · 3h ago0 views
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Photo credit: Ghana Business News
A new survey reveals a potential 25% US tariff on cars imported from the European Union could impose an additional annual cost of €2.5 billion ($2.9 billion) on the German automotive sector. The findings suggest German automakers would be disproportionately affected by such a measure.
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Ghana Business News
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