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On Friday, December 1, 2023, Skoda Kodiaq cars at the Volkswagen AG production line in Bratislava, Slovakia, on Friday, December 1.
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US president Donald TrumpThe tariffs for the car -entered car show can hit car brands and countries around the world, and economists warn that a small nation in Europe can feel worse than influence.
Trump is there repair To provide details about the latest rounds of wide tariffs at about 9 pm in London (16 pm) on Wednesday. Measures that are individual from Washington Tips in the World Automobile SectorIt seems called to balance the economic order in favor of America.
Trump is already announced 25% of the tariff for all imported vehicles, with the accused of entering vehicles entering into force on Thursday. The White House stated that a car details will start in May.
In recent months, the President’s President’s announcements about the tariffs are disturbed by global investors, corporate executives and US trading partners. Germany clapping 25% of Trump’s authors as bad news for the US, European Union and global trade.
Inga Faerner and Rica Luman, the Dutch Bank’s economists, said that, while Germany is most subjected to Trump’s 25% authors at the cost, it is Slovakia who may experience the greatest influence.
“The German automobile industry is in the eyes of the storm and certainly Volkswagen. Bmw. Mercedesand Porsche Most likely, they were affected by tariffs, “the research note, published on March 28, said.
“But Slovakia is a house for several automobile factories – the most subjected to the total US exports,” they added.
Nicknamed “Detroit Europe“Out -wit the prosperous automotive industry Slovakia product More per capita machines than any other country in the world.
The nation is only 5.4 million people to greatly rely on US trading, and Auto makes a significant piece of exports to the US and the sector indirectly labor More than 250,000 people.
Production can start crossing the US
Lyuman Ing said that the US had overloaded the automobile supplies to Trump’s authors, and that it will happen after the measures.
“The supply networks will not immediately be redirected and redesigned against the background of high uncertainty for investors, but if it has a while, production will start to go to the United States,” Luman CNBC said on Wednesday.
On the other hand, Luman said that Slovakia still has a relatively low production expense because the local salary is much lower than in Germany.
“So vw and Stellantis It will probably seek to maintain the level of classes in Slovakia (for ice models), and how such a decrease in exports can also weigh production elsewhere in Europe, which will be replaced, ”Luman said.
National Flags of Germany, left, Slovakia, Center and Flag with VW logo outside the Volkswagen AG plant in Bratislava, Slovakia, on Friday, December 1, 2023.
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Vladimir Voya, Chief Economist Globsc, Analytical Center based in the capital of Slovakia Bratislava, earlier described The prospect of Trump tariffs as “disturbing” for Slovakia, believing that in the short term can make “very little”.
The Slovak Government’s press -secretary was immediately available for comment.
Slovakia is a joint broadcast exporter of Europe to the US, as well as in Sweden, and in 2023, ENG reports.
Typically, ing – Note More than 73% of the total exports of Slovakia in the United States consists of car and car parts, leaving the country sharply subjected to Trump tariffs.
