VW and Trump: The focus - visit to Washington promises investments!
VW and Trump: The focus - visit to Washington promises investments!
Vienna, Österreich - The German carmakers, especially Volkswagen, BMW and Mercedes, face considerable challenges in the course of the customs dispute with the USA. Since the beginning of April 2025, 25 percent tariffs have applied to vehicle imports to the United States, which has intensified negotiations between the automotive manufacturers and the US government under President Donald Trump. vienna.at reports that Volkswagen has direct discussions with the US government and one to get possible customs deal.
Volkswagen CEO Oliver Blume traveled to Washington to represent the company's interests at the US Ministry of Trade. According to the information, VW plans massive investments in the USA to expand its market presence. The group currently employs around 20,000 people directly and an additional 55,000 via suppliers. In addition to passenger cars, Volkswagen also produces school buses and trucks in the United States.
negotiations on customs questions
In the talks, Blume emphasizes the regular exchange with the Ministry of Commerce and the central role of the US President in the negotiations. The plan discussed provides to offset imports of German vehicles through exports from US works. This could benefit the European manufacturers and strengthen the negotiating position. An agreement will be expected by June 2025, since the German automobile manufacturers hope to find a solution quickly.
The situation is tightened by numerous legal challenges. An update of May 30 reports that a US Court of Appeal has approved an application from the Trump government for temporary suspension of the customs procedures. This means that the government must submit statements by June 9th. The tariffs that Trump has issued as part of the International Emergency Economic Powers Act (IEEPA) and which were rated by the Commercial Court should come into force again, which creates additional uncertainty. According to the information from AHK USA , the tariffs remain unaffected by these legal changes.
context of trade relationships
The negotiations between the EU and the USA are also on the brink. Trump has recommended that from June 1, 2025 to be raised a flat-rate 50 %inch on import goods from the EU. In this context, the EU has submitted a comprehensive range of de-escalation that comprises tariffs as well as increased imports of US liquid gas and soybeans. In view of this tense situation, Trump announced that he would extend negotiations until July 9th.
These developments force European automobile manufacturers to act strategically and to secure their positions in a rapidly changing trading environment. The coming weeks will be decisive to determine how the tariffs affect the automotive sector and whether an agreement can be reached that is acceptable for everyone involved.
Details | |
---|---|
Ort | Vienna, Österreich |
Quellen |
Kommentare (0)