German carmakers like Audi have been manufacturing in Mexico for decades. We follow one Mexican trainee as she prepares to enter the industry - which has been in uproar since the US threatened to impose high import tariffs on cars made in Mexico.
German premium carmaker BMW has announced that new stricter EU emissions tests for cars as well as global trade tensions would leave revenues and profits short of its full-year forecast.
After Trump reiterated his anti-free trade rhetoric at the G7, European Commission chief Jean-Claude Juncker hit back with a more traditional weaponry known as "the facts." German automakers eye proceedings nervously.
The threat of steeper US tariffs on EU-assembled vehicles could lead to a global trade war. German automakers, which produce more vehicles in the US than they export there, are in the Trump administration's crosshairs.
The EU doesn't want to just put up with Donald Trump's higher import tariffs and is mulling retaliatory measures. But German firms, in particular, fear that no one would profit from an escalation of the situation.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version