- Title: German industry calls for aligned European response to U.S. tariffs
- Date: 3rd April 2025
- Summary: KAISERSLAUTERN, GERMANY (FILE - NOVEMBER 13, 2018) (REUTERS) VARIOUS OF EXPERIMENTAL SMART FACTORY PRODUCTION LINE WORKPIECE IS TRANSPORTED ON CONVEYOR BELT AND PUSHED FROM ONE STATION TO THE NEXT TRANSPORT ROBOT MOVES FROM ONE STATION TO THE NEXT TRANSPORT ROBOT DOCKS AT A STATION WORKPIECE IS TRANSPORTED, VARIOUS SETTINGS WORKPIECE IS PROCESSED, VARIOUS SETTINGS PAN OF E
- Embargoed:
- Keywords: Tariffs export german industry hike increase prices
- Location: BERLIN, GERMANY
- City: BERLIN, GERMANY
- Country: Germany
- Topics: Europe,Economic Events
- Reuters ID: LVA003394203042025RP1
- Aspect Ratio: 16:9
- Story Text: Germany's main industry association BDI has called for a strong and aligned European response to the latest U.S. tariffs.
"Our response to this must of course be aligned, and we have an interesting task here. First of all, we have to remain coordinated within our own camp, within our own industry, and that will be difficult enough. Then, at the next level, we have to remain coordinated at European level, so that we don't try to achieve any exceptions on a national level," said Wolfgang Niedermark, member of the BDI Executive Board.
Covering everything from cars and auto parts to pharmaceuticals and machinery, the U.S. was Germany's biggest trading partner in 2024, according to the statistics office, with 253 billion euros worth of goods exchanged between them.
(Production: Oliver Ellrodt, Oliver Denzer) - Copyright Holder: FILE REUTERS (CAN SELL)
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