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2mo ago

VDMA Warns U.S. Steel and Aluminum Tariffs Poised to Extend to 200 More Machinery Items, Exposing 56% of Exports

The industry says the EU’s 15% tariff deal offers little protection against U.S. Section 232 measures that impose a 50% charge on steel content.

Die Unternehmen im Maschinenbau in Deutschland befürchten weitere massive Belastungen durch die Zollpolitik der USA. Washington plane, für weitere Produkte die Zollsätze für Stahl- und Aluminium zu erheben, warnte der Branchenverband VDMA.
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Overview

  • Germany’s machinery association says an August expansion already left about 40% of EU and German machinery exports to the United States subject to additional steel and aluminum duties.
  • The group projects a December update to U.S. tariff lists that would add roughly 200 machinery products, lifting exposure to about 56% of exports based on its calculations.
  • VDMA is pressing the European Union for urgent renegotiations and exemptions, arguing the current arrangement fails to deliver predictability for exporters.
  • The association has taken its case to EU leaders and in a letter to the U.S. Commerce Department, warning of knock-on effects for American industry and defense production reliant on European machines.
  • Exporters face complex documentation rules on material content, the risk of punitive tariffs up to 200% for misreporting, and potential shipment delays or export stops.