Continental warns of fresh U.S. tariff blow if latest increase affects tyres
May 6 (Reuters) – Continental expects a blow in the “mid to high double-digit million euro” range should higher U.S. import tariffs recently announced by President Donald Trump apply to tyres, its finance chief said on Wednesday. Car parts makers in Europe are facing renewed pressure as Trump last week announced a tariff increase on cars and trucks from the European Union to 25% from the previously agreed 15%, saying […]