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Wednesday, July 18, 2018

Trump's tariff threats suddenly look very real for Germany's car industry

For as long as Donald Trump has been president, he has been threatening to slap tariffs on foreign carmakers to stop flashy German vehicles from "flooding" American streets. On Friday, he repeated the threat and attached a specific number, tweeting about a 20 percent tariff on all automobile imports from the European Union. On Friday, Trump suggested that auto tariffs would come in response to European trade practices. The Volkswagen diesel-emissions scandal tarnished the reputation of the entire industry, and German carmakers have been considered slow to shift to hybrid or electric vehicles. Now, their business with two of their most important markets could be disrupted - Britain because of Brexit and the United States because of tariffs.


Brexit uncertainty puts thousands of jobs at risk, car industry warns

At a day long automotive summit, industry leaders lined up to warn of the perils Brexit uncertainty was causing. UK car output. UK car exports. The car industry is one of the leading employers in the country, responsible for 856,000 jobs, 186,000 of which are on the production lines. He said BMW was not intending to move any car production to any of its other plants around the world but it would be "foolhardy" not to have contingency ideas.

Brexit uncertainty puts thousands of jobs at risk, car industry warns

A daughter of Detroit defies odds, takes car industry into the future

as mentioned in A daughter of Detroit defies odds, takes car industry into the futurePhoebe Wall Howard | Detroit Free PressDetroit Free PressDenise Gray arrived at Buca di Beppo Italian Restaurant in Livonia, along with nearly three dozen clients and employees, for her business dinner. "It's just being a female in a male-dominated industry," Gray said. Mandi Wright, Detroit Free Press"It was clear to all of us in the industry that the lithium-ion was probably going to be the battery of the future," Patil said. Depth of knowledge is very important."Mandi Wright, Detroit Free PressDeacon Willie Fred Hardy listens intently as Gray asks about family and parish members and recent sermons. "The fact that she's a woman and a woman of color, that's not how I primarily think of Denise.

Trump's tariff threats suddenly look very real in the heartland of Germany's car industry

☰EuropeTrump's tariff threats suddenly look very real in the heartland of Germany's car industryEmployees work on a Porsche 911 sportscar on an assembly line in Stuttgart, Germany. It's a one-way street."On Friday, Trump suggested that auto tariffs would come in response to European trade practices. The region may send many goods to the United States, but it is also a major purchaser of U.S. services, particularly in technology. "People will still buy German cars," said Andreas Kramski, chief executive of a family business that makes billions of parts annually for auto manufacturers worldwide. "It wouldn't be very patriotic for an American to say, but it's a matter of fact: German cars are just better."Luisa Beck in Berlin contributed to this report.

Trump's tariff threats suddenly look very real in the heartland of Germany's car industry





collected by :Catlin Logan

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