Press Releases

VDA President Bernhard Mattes commented on today’s decision by the US administration to impose punitive tariffs on steel and aluminum:

Berlin, 31 May 2018

“The fact that the US – the country of freedom – has now decided to play the isolationist card with one of its most important partners, is incomprehensible and is not appropriate in the age of globalization. The decision was made without any rationale that we can perceive. In a globally networked economy import tariffs do not benefit anyone, not even the US. However disagreeable and difficult the situation is right now, the transatlantic relationship is of key importance both economically and politically. We understand that the EU has to indicate a clear position and respond. Yet at the same time we must look for ways of cooperating and reaching an agreement on free and fair trade.”

Eckehart Rotter
Eckehart Rotter Speaker

Tel: +49 30 897842-128 Fax: +49 30 897842-603
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