European Commission Vice-President Addresses US Car Tariffs: Prioritizing European Interests

On Thursday, the Vice-President of the European Commission, Teresa Ribera, commented on the impending U.S. tariffs on imported vehicles, indicating that the European Commission will respond appropriately after assessing the situation. She emphasized the importance of prioritizing European interests.

Earlier, on Wednesday, U.S. President Donald Trump announced plans to impose a 25% tariff on imported passenger cars and light trucks, effective April 2. This marks a significant increase from the previous 2.5% rate. Germany leads EU member states in car exports to the U.S., followed by Slovakia, Italy, and Sweden. According to data from the German statistical office Destatis, in 2024 Germany exported 3.4 million new vehicles valued at 135 billion euros, with nearly 450,000 units sent to the U.S.

Ribera, who oversees competition policy within the EC, expressed concern that the new tariffs would negatively impact both consumers and the automotive industry. “We regret that the American administration is undermining a well-functioning global car market,” she stated.

When asked if the EU might consider increasing imports of American liquefied natural gas (LNG) in discussions with the U.S., Ribera noted that such contracts are typically negotiated by companies rather than governments.

“We must prioritize our own interests as Europeans. We will collaborate with the automotive sector to ensure our companies can withstand this challenge,” she added. Ribera also stressed the need for the European Union to support businesses that adhere to high standards of labor rights and environmental sustainability.

The Vice-President confirmed that the European Commission will thoroughly analyze the details of the U.S. tariffs and respond accordingly. (27.03.2025)


Comments

One response to “European Commission Vice-President Addresses US Car Tariffs: Prioritizing European Interests”

  1. fast draw Avatar
    fast draw

    Oh, fantastic, more tariffs! Just what we needed to spice up our trade relations – because nothing says “friendship” like slapping a 25% tax on our beloved German cars. 🚗💸 Who knew prioritizing European interests involved playing a game of economic whack-a-mole? 😏

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