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US Government Reports: EU Auto Exports to the US Decline 15.9% Year-on-Year by August 2025
1 day ago /
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Author：小编
Effective April, the United States implemented a 25% tariff on imported vehicles, which has resulted in a significant backlog of cars at the Antwerp-Bruges Port in Europe. Consequently, European Union (EU) auto exports to the US witnessed a 15.9% year-on-year decrease in the first half of the year. Additionally, Japanese auto exports to the US have suffered a three-month consecutive decline, reaching a 26.7% drop in June. Furthermore, the US intends to levy even higher tariffs on EU goods beginning in August, fostering greater market uncertainty and prompting several automakers to temporarily halt their exports to the US.
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