The newest threat of a 25% US tariff on European cars is just the latest twist in the seemingly neverending saga of EU-US tariff negotiations over the past year. How did we get here, how much damage has the uncertainty caused businesses and where is this all going? We provide a summary of sorts and an informed look-ahead, with input from experts and from Brussels.
Chapter Breakdown
0:00 Auto companies and exporters grappling with changing tariff policy
1:08 Reciprocal tariffs
1:49 15% tariff: Turnberry agreement
2:10 Ignacio Garcia Bercero, Bruegel, on the Turnberry agreement
2:28 Turnberry was a reconfiguration of a two-sides tariff relationship
3:01 Lucia Schulten, Brussels Correspondent, on the agreement which did not favor the EU
4:03 European approval of agreement pending
4:19 Thibaut L’Ortye, American Chamber of Europe, AmCham
4:50 Europe selling fewer cars into the US, and the value of European cars imported into US has fallen
#dwbusiness
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
