• California Consumer Privacy Act (CCPA)
  • Contact us
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms of Use
News Net Daily
  • Business
  • politics
  • sports
  • USA
  • World News
    • Tech
    • Entertainment
    • Health
  • Contact us
No Result
View All Result
  • Business
  • politics
  • sports
  • USA
  • World News
    • Tech
    • Entertainment
    • Health
  • Contact us
No Result
View All Result
News Net Daily
No Result
View All Result

European carners in the cross fires of the American trade war – Politico

Eleon by Eleon
February 11, 2025
in politics
0
European carners in the cross fires of the American trade war – Politico

“Did you know when you ship a car from the United States to Europe, if they allow it at all because they have many unavoidable barriers, that between VAT and homework, this car is taxed to 30%? ” Deputy Chief of the White House, Stephen Miller, told Fox News on Monday.

“The German car – or a European car sent to America is taxed at 2.5% – or essentially zero. This is a major reason why the American automotive industry has been hammered and hemorragine for so long, “added Miller. “If they want to be billed less than 30%, they will have to reduce their barriers, so it’s just and equal and, yes, reciprocal treatment.”

Exhibition to the German car manufacturer

The VW subsidiary, Porsche, exports all its EU models to the United States, where it sold a record of 76,000 cars last year, making it the largest brand market. Under pressure in other regions, in particular China, the car manufacturer is under discussion to oust his director financial and sales manager before the expiration of their contracts.

Audi, another VW brand, also exports all its models to the United States from Europe, with the exception of the Q5 produced in Mexico.

Although the United States is a positive point for Porsche, Audi saw its sales decrease by 14% last year compared to 2023. All additional costs will only eat to their beneficiary margins and exacerbate the problems that afflict it Volkswagen parent company.

Audi has an option that escapes Porsche, however, and which changes the production of its Q4 to the United States where Volkswagen manufactures its electric ID. 4.

Politices

Previous Post

People want “double engine” government, says Anurag Thakur while the BJP leads to MP, Rajasthan, Chhattisgarh – Firstpost

Next Post

D GUKESH is New World No 3 in live odds; Arjun Erigaisi slips into the sixth – Firstpost

Next Post
D GUKESH is New World No 3 in live odds; Arjun Erigaisi slips into the sixth – Firstpost

D GUKESH is New World No 3 in live odds; Arjun Erigaisi slips into the sixth - Firstpost

  • Home
  • Contact us
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms of Use
  • California Consumer Privacy Act (CCPA)

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Business
  • politics
  • sports
  • USA
  • World News
    • Tech
    • Entertainment
    • Health
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.