Trump’s auto tariffs will lead to ‘massive price hike in U.S.’, says Germany’s Baerbock

Record ID: 1986338

  • Title: Trump’s auto tariffs will lead to ‘massive price hike in U.S.’, says Germany’s Baerbock
  • Date: 27th March 2025
  • Summary: BERLIN, GERMANY (MARCH 27, 2025) (REUTERS) GERMAN FOREIGN MINISTER ANNALENA BAERBOCK AND HER ESTONIAN COUNTERPART MARGUS TSAHKNA ARRIVING FOR NEWS CONFERENCE BAERBOCK SPEAKING (SOUNDBITE) (German) GERMAN FOREIGN MINISTER, ANNALENA BAERBOCK, SAYING (on TARIFFS): "It is clear that the announced U.S. tariffs will have a significant impact on the global economy. Last but not l
  • Embargoed:
  • Keywords: Annalena Baerbock German foreign minister Trump auto tariffs increase price hike
  • Location: BERLIN, GERMANY
  • City: BERLIN, GERMANY
  • Country: Germany
  • Topics: Diplomacy/Foreign Policy,Europe,Government/Politics
  • Reuters ID: LVA001203327032025RP1
  • Aspect Ratio: 16:9
  • Story Text: U.S. President Donald Trump’s 25% import tax imposed on vehicles not built in the United States will lead to a “massive price hike” for American consumers, Germany’s outgoing foreign minister said in Berlin on Thursday (March 27).
    Annalena Baerbock in answer to a reporter’s question said the European Union with its 450 million people, “the largest single market in the world,” would “protect our industry and our jobs.”
    “The (EU) Commission will take countermeasures.”
    Baerbock was speaking alongside her Estonian counterpart after a meeting which focused on the war in Ukraine.
    (Production: Oliver Barth, Michele Sani)
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2025. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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