According to the European Union, the tariff deal between the USA and the EU is a done deal and, according to the EU Commission, should be seen as a "decision for stability and predictability". In the latest video in the "Update USA" series, USA expert Andrew Adair talks about the fact that this is not the case, however, because in principle the entire mechanical engineering industry benefits nothing from it, but is massively affected by the constant expansion of steel and aluminum tariffs and will be affected more and more. He also talks about what the VDMA is doing to stand up for its members.
Read more: "Customs deal" with the USA has dire consequences for the mechanical and plant engineering industry
