Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Trump’s car tariffs could make UK top export market for German auto industry, says Blick Rothenberg

by March 29, 2025
March 29, 2025
Trump’s car tariffs could make UK top export market for German auto industry, says Blick Rothenberg

President Donald Trump’s sweeping new tariffs on car imports could reshape global trade routes — and push the UK into pole position as the most important export market for Germany’s automotive industry.

That’s the opinion of leading audit, tax and business advisory firm Blick Rothenberg.

With a 25 per cent tariff on all German car imports to the United States due to take effect on 2 April, German manufacturers may look to strengthen ties with the UK, which already ranks as the second-largest buyer of German vehicles worldwide.

Viktor Gottschlich, Senior Manager and German Desk Deputy at Blick Rothenberg, said: “With the looming 25% tariffs on German car imports to the US, the UK might become the most important export market for German car makers.”

The UK currently accounts for 11.3 per cent of German car exports — just behind the US at 13.1 per cent. But with the US market potentially becoming far less profitable under the new trade barriers, the UK may become a preferred partner. “German-made cars would generally not be subject to UK tariffs, making the UK an attractive alternative,” Gottschlich noted.

German manufacturers already have a strong footprint in the UK, owning iconic British brands like Bentley and Mini. Expanding export operations and strengthening supply chains to and from the UK could help German automakers cushion the blow from a less viable American market.

The impact could also extend to the classic car sector. Gottschlich warned that the term “finished vehicles” — as used in Trump’s tariff announcement — may be broad enough to include vintage and collector cars. “US Borders and Customs may not be permitted to distinguish between classic and new cars — which currently attract a 2.5% duty. The 25% tariff could be added on top of existing duties, representing a significant cost increase for classic car businesses,” he said.

Blick Rothenberg believes that deepening engagement with the UK market — for both new and classic cars — presents a practical and potentially profitable path forward for German carmakers amid the unfolding US trade war.

“Increased engagement with the UK market seems sensible for German businesses to compensate for a potentially bumpy US car market,” Gottschlich concluded.

Read more:
Trump’s car tariffs could make UK top export market for German auto industry, says Blick Rothenberg

0
FacebookTwitterGoogle +Pinterest
previous post
US accuses Denmark of treating Greenlanders as ‘second-class citizens’ during Vance visit to Arctic base
next post
Trump’s Automotive Tariffs Will Hurt American Consumers and Producers

You may also like

Brits are worst investors in Europe and have...

July 5, 2023

Chad Chancellor – the successful business professional and...

December 14, 2022

The Art of Etsy Success: The Importance of...

August 9, 2023

UK government demands answers from Amazon over policy...

August 12, 2023

The Influence of Social Media Enhancements on iGaming

October 30, 2024

UK government TV ad urges households to take...

December 27, 2022

Improve Your Entertaining Game: Stylish Serving Trays With...

March 14, 2023

What are the benefits of a National Trust...

December 4, 2023

Ethnicity and disability pay gap reporting: What employers...

March 26, 2025

Discover The Dubai Neighbourhood That Connects Heritage With...

April 14, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved