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VDA, Germany welcomes EU-US Joint Statement on Transatlantic Trade and Investment
On August 21, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), issued a statement welcoming the framework agreement between the US and Europe. The US will reduce its tariffs on passenger cars from the current 27.5% to 15%. The additional tariffs on parts, which amount to 25%....
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