How does the EU-US trade deal affect the car industry?

欧盟-美国贸易协定如何影响汽车行业?

World Business Report

2025-08-22

26 分钟
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单集简介 ...

The EU and US clarify details of a tentative trade deal, with President Trump dropping plans for steep tariffs on cars, semi-conductors and pharmaceuticals. We get reaction from the German auto industry. We examine why a gathering of top economists and central bankers in the US is being overshadowed by politics. Tensions are high between President Trump and Federal Chair Jerome Powell, who is preparing a big speech at the Jackson Hole Economic Policy Symposium. And McDonald’s gets a scolding from the Japanese government. So why is a Happy Meal campaign involving Pokemon Cards drawing criticism?
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  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm Rahul Tandon.

  • Plenty coming up on the programme.

  • Big day for Donald Trump and a court case that he has been involved with,

  • which is concerned with his financial activities.

  • We will take a close look at that.

  • We'll preview what the chairman of the Federal Reserve may say in a crucial speech that he will be giving on Friday.

  • And McDonald's has got into trouble in Japan.

  • We'll tell you.

  • Why?

  • But we're going to start the programme

  • because we now have deals of that tentative trade deal between the European Union and the US,

  • which was announced a few weeks ago.

  • Here's the EU's Trade Commissioner, Maros Sefcovic.

  • 15% all-inclusive tariff cap for the European Union.

  • This is the most favourable trade deal the US has extended to any partner.

  • A wide range of sectors, including strategic industries such as cars,

  • pharmaceuticals, semiconductors and lumber, will benefit from this cap.

  • Well, guiding us through the programme, we have Kerry Leahy,

  • who's going to take a close look at some of the big business stories of the day.