### Germany and Allies Defy Trump’s 25% Car Tariffs, Vowing Retaliation
Germany has taken a firm stance against U.S. President Donald Trump’s new 25% tariffs on imported cars and auto parts, declaring that Europe “will not give in” and must “respond firmly.” The tariffs, set to take effect in April for vehicles and May for parts, have sparked global backlash, with France, Canada, and China condemning the move as economically harmful and a violation of international trade rules. German Economy Minister Robert Habeck emphasized the need for a united European response, while French President Emmanuel Macron called the tariffs “incoherent” and warned they would disrupt supply chains and inflate costs.
### Global Markets React as Trade War Fears Intensify
The announcement sent shockwaves through global markets, with carmaker stocks in Japan, Germany, and the U.S. declining sharply. Analysts warn that tariffs on parts from Canada and Mexico could raise vehicle costs by $4,000-$10,000. Canada’s Prime Minister labeled the move a “direct attack” on its auto industry, while China accused the U.S. of violating WTO rules, stating that “no country’s prosperity has been achieved through tariffs.” Meanwhile, Japan expressed deep concern over the economic fallout, and South Korea’s Hyundai announced a $21 billion U.S. investment—a move Trump praised as proof that “tariffs work.”
### Economic Uncertainty Looms as IMF Warns of Risks
The International Monetary Fund (IMF) cautioned that while a U.S. recession is not imminent, escalating trade tensions could severely impact Canada and Mexico. European leaders are pushing for coordinated counter-tariffs on U.S. goods, with France advocating for a strong retaliatory stance. Critics argue that Trump’s policies may inadvertently boost Chinese exports as consumers seek alternatives. As tensions rise, the global auto industry braces for higher costs, supply chain disruptions, and prolonged economic uncertainty.
Ez a cikk a Neural News AI (V1) verziójával készült.