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Numerous machines, including many construction machines, are now subject to the extended new 50 per cent punitive tariffs. The VDMA criticises the poorly negotiated US tariffs and is calling for corrections.
The U.S. Department of Commerce added 407 new articles to the steel and aluminum lists, subject to 50-percent tariffs. Many machinery products are affected.
The new Trump tariffs are not only raising costs for the machinery sector, but creating confusion and uncertainty among manufacturers that export to the United States.
US tariffs harm trade worldwide
New tariffs for European goods in trade with the USA.
The blanket punitive tariffs announced by Donald Trump will harm producers and consumers in both regions - and will exacerbate rather than resolve trade conflicts.
The US government's tariff policy could result in a 4% drop in production by Japanese car manufacturers.
The mechanical engineering industry in Brazil will benefit from the simplification of certificates of origin through self-certification in Mercosur.
President Trump is calling for reciprocal trade and tariffs – what impact might this have on machinery and equipment manufacturers and transatlantic trade?
The Chinese government has taken countermeasures in response to the US government's announcement that it will impose an additional 10 percent tariff on all imports from China.
The EU Commission agrees to postpone the Deforestation Regulation by one year following massive criticism.
The EU Commission has published the Combined Nomenclature (commodity codes) for the year 2025. There are only a few changes for mechanical engineering.
The EU Commission proposes postponement of the Deforestation Regulation by one year following massive criticism.
The EU Commission published the Combined Nomenclature (commodity codes) for 2023 on Oct. 31, 2022. There are only a few changes for the mechanical engineering industry.
Turkey has announced that only "Türkiye" will be used as the country name in international correspondence.
VDMA white paper provides practical assistance in assessing the CCC certification obligation for control cabinets
VDMA Foreign Trade has revised and updated the customs info sheets.
The Egyptian Customs Administration has significantly increased the costs for using the new electronic customs system "NAFEZA" with effect from 14.10.2021.
The VDMA offers events on current foreign trade topics, on the web and live on site.
New fact sheet highlights differences for obtaining the respective customs simplification procedures
Export control is sometimes underestimated, sometimes overestimated. VDMA members can get advice and help from the VDMA to identify and comply with export restrictions and avoid unnecessary expense.
The federal government has promised the German economy a wide range of aid in order to mitigate the damage of the pandemic in the best possible way.
The VDMA Foreign Trade team supports VDMA member companies in the internationalization of mechanical and plant engineering. We provide you with practical support in all matters relating to foreign business.
