Close Menu
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    The Taiwan DailyThe Taiwan Daily
    • Home
    • Contact Us
    The Taiwan DailyThe Taiwan Daily
    Home » EU automakers urge leaders to restore trade stability
    Featured News

    EU automakers urge leaders to restore trade stability

    April 5, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    European automakers have urged the European Union and United States to resolve escalating trade tensions swiftly, citing growing risks to jobs, industrial investment, and transatlantic economic cooperation. The call follows heightened concerns within the automotive industry over the potential fallout from ongoing disputes affecting the cross-border movement of vehicles and parts. In a statement issued on Thursday, Sigrid de Vries, Director General of the European Automobile Manufacturers’ Association (ACEA), warned that the deterioration in EU–US trade relations could severely disrupt economic stability and hinder industry contributions on both sides of the Atlantic.

    Automakers warn EU-US rift threatens jobs and investment

    She emphasized the significant presence of European automakers in the US, where they support approximately 500,000 jobs throughout the automotive value chain. According to ACEA, European manufacturers exported more than 750,000 vehicles to the U.S. in 2024 and continue to invest in US communities, contributing to local economies and long-term growth. These investments have included the development of manufacturing plants, research and development centers, and supply chain partnerships.

    De Vries highlighted that the industry remains committed to fostering mutual prosperity between the EU and U.S., calling on policymakers to act decisively. “We urge our leaders to meet urgently so that they can find a solution to any issues preventing free and fair trade between historic allies and allow the EU-US relationship to flourish once again,” she stated. The automotive sector is particularly vulnerable to tariff increases, regulatory divergence, and retaliatory measures.

    Any disruption in trade flows could have direct implications for production, supply chains, and consumer costs. Industry officials warn that the instability may also deter future investments at a time when the sector is already navigating the costly transition to electric mobility. While the specific nature of the trade dispute remains undisclosed, the appeal from ACEA reflects growing anxiety across Europe’s export-driven manufacturing base.

    The EU and U.S. have historically maintained strong automotive trade links, but recent geopolitical and economic developments  have strained relations. Negotiations between the EU and U.S. are expected to intensify in the coming weeks as stakeholders push for a resolution that safeguards economic interests while preserving strategic alliances. EU leaders continue to advocate for predictable, rules-based trade frameworks to ensure long-term competitiveness in global markets. – By MENA Newswire News Desk.

    Related Posts

    Silver tumbles as COMEX margins rise and volatility spikes

    February 14, 2026

    UAE and Egypt reaffirm ties as leaders meet in Abu Dhabi

    February 10, 2026

    China reveals 20GW high-power microwave weapon power unit

    February 9, 2026

    At least 12 dead after Tropical Storm Basyang in Philippines

    February 9, 2026

    Heba Ibrahim Al-Mansoori’s “Tanfisa” Set for Cairo Book Fair Debut

    January 22, 2026

    MENA Newswire launches self-serve reporting via SpyderAPI

    December 20, 2025
    Latest News

    Malaysia halal exports rise 10.9% to RM68.52 billion

    April 17, 2026

    RideFlux wins South Korea’s first paid freight permit

    April 16, 2026

    UAE president and EU Council chief discuss regional security

    April 15, 2026

    South Korea auto exports rise on March hybrid demand

    April 15, 2026

    Sheikh Khaled begins Beijing visit to deepen UAE-China ties

    April 13, 2026

    Bank of Korea keeps rate at 2.5% for seventh hold

    April 11, 2026

    China auto output and sales jump in March

    April 11, 2026

    China inflation hits 1% in March as PPI turns positive

    April 10, 2026
    © 2026 The Taiwan Daily | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.