German auto lobby warns 'enormous' cost of Trump's threatened Greenland tariffs
ReutersJan 17, 2026 7:01 PM
BERLIN, Jan 17 (Reuters) - Punitive tariffs threatened by U.S. President Donald Trump on Saturday would cost Germany and Europe dearly, the president of the German auto industry association VDA said, calling for a smart response coordinated by Brussels.
"The costs of these additional tariffs would be enormous for German and European industry, especially in these already challenging times," VDA President Hildegard Mueller said in an emailed statement.
"What is crucial now is a smart, strategic response from Brussels that is coordinated with the countries affected," she added.
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