'Foul play:' German machinery sector angered by additional US tariffs

NAMPA / DPA
2025-10-29
Frankfurt (dpa) - German industry representatives on Wednesday urged the European Union to renegotiate its trade agreement with the US, saying tariffs on steel and aluminium imports from the bloc are disproportionately affecting the sector. On top of a 15% baseline tariff, manufacturers from the bloc have to pay a roughly 40% levy on the steel and aluminium components of machinery exported to the US under the agreement struck between the Trump ad......
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