German car exports to the US slumped by almost 14% in the first three quarters of 2025, making it the hardest-hit branch of German industry in US President Donald Trump’s trade war, according to a study seen by Reuters today.<\/p>\n
Under an agreement between Washington and Brussels, the US set a 15% baseline tariff on cars from Europe from August 1 – significantly less than Trump’s initial rate of 25% on top of a 2.5% existing levy.<\/p>\n
German engineering companies have also struggled under the tariff regime, with the study showing exports in that sector to the US declining by 9.5% in the first nine months of 2025.<\/p>\n
Machinery exports are subject to a 50% US tariff on steel and aluminium products.<\/p>\n
The chemical industry also saw exports to the country’s top export market decline by 9.5%, although the report said this could not be blamed solely on tariffs.<\/p>\n
“Other factors are likely to have played a role in the case of chemical products, such as lower production in Germany due to higher energy prices,” it said.<\/p>\n
Across all sectors, German exports to the U.S. were down 7.8% year on year over the three quarters – following average growth of nearly 5% in the comparable periods of 2016 to 2024.<\/p>\n
“Since it must currently be assumed that US import tariffs will not return to pre-Trump administration levels in the foreseeable future, a significant recovery in German exports to the US is unlikely,” study author Samina Sultan said, referring to a “new normal” for German exporters.<\/p>\n","protected":false},"excerpt":{"rendered":"German car exports to the US slumped by almost 14% in the first three quarters of 2025, making…\n","protected":false},"author":2,"featured_media":205074,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-205073","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/205073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=205073"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/205073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/205074"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=205073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=205073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=205073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}