Although Mexico, Canada and Japan would likely be affected, Trump has singled out German vehicles in particular with his proposed auto tariffs.
Germany’s prosperous city of Stuttgart, lays justifiable claim to being “the cradle of the automobile.” The region is packed with assembly plants, parts makers and engineering firms — all supporting an industry that is considered a pride of the nation.
“We are watching the U.S. debate very closely,” Porsche said in an emailed statement. “A third of our sales are in North America and since we don’t have production sites there, we have to take the situation seriously.”
Read the article at The Washington Post.