The EU trade committee approved a tariff deal with the United States, with German delegates negotiating in Washington for additional guarantees to protect the domestic auto industry from billions in potential tariffs. VDA President Hildegard Müller warned that ongoing U.S. tariffs threaten Germany's competitiveness and Europe's relevance in great power competition, while economists criticized the government for misusing emergency funds intended for infrastructure investment.
Otto Beta
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The EU trade committee approved a tariff deal with the United States, with German delegates negotiating in Washington for additional guarantees to protect the domestic auto industry from billions in potential tariffs. VDA President Hildegard Müller warned that ongoing U.S. tariffs threaten Germany's competitiveness and Europe's relevance in great power competition, while economists criticized the government for misusing emergency funds intended for infrastructure investment.