Recently, tensions surrounding US-EU trade relations have continued to escalate. The German Association of the Automotive Industry VDA issued a statement urging the United States and the European Union to initiate high-level talks as soon as possible, to resolve the current tariff disputes through constructive negotiations and prevent the situation from worsening.
As a key pillar of Europe's economy, the German automotive industry is highly sensitive to the global trade environment. VDA emphasized that the current situation requires clear policy guidance and transparent communication mechanisms so that automakers and suppliers can make long-term plans. The association pointed out that tariff escalations would cause serious disruptions across the entire automotive supply chain, including increased production costs and supply chain interruptions, ultimately harming industry stability.
This stance from the German automotive sector reflects the common concerns of European manufacturing. VDA calls on both the US and EU to seize the window of opportunity, quickly start negotiations, and seek consensus based on mutual benefit to maintain the healthy development of the global automotive industry.
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Recently, tensions surrounding US-EU trade relations have continued to escalate. The German Association of the Automotive Industry VDA issued a statement urging the United States and the European Union to initiate high-level talks as soon as possible, to resolve the current tariff disputes through constructive negotiations and prevent the situation from worsening.
As a key pillar of Europe's economy, the German automotive industry is highly sensitive to the global trade environment. VDA emphasized that the current situation requires clear policy guidance and transparent communication mechanisms so that automakers and suppliers can make long-term plans. The association pointed out that tariff escalations would cause serious disruptions across the entire automotive supply chain, including increased production costs and supply chain interruptions, ultimately harming industry stability.
This stance from the German automotive sector reflects the common concerns of European manufacturing. VDA calls on both the US and EU to seize the window of opportunity, quickly start negotiations, and seek consensus based on mutual benefit to maintain the healthy development of the global automotive industry.