#german-industry

#german-industry

A fresh round of tariffs on European exports would cost Germany and Europe dearly, the president of the German auto industry association has said, as he called for a smart response coordinated by Brussels. The costs of these additional tariffs would be enormous for German and European industry, especially in these already challenging times, said Hildegard Muller, the president of the VDA trade organisation. What is crucial now is a smart, strategic response from Brussels that is coordinated with the countries affected, she added.