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Bulgaria is beneficiary of the situation with the introduction of customs duties on imports of European cars in the United States. According to Lyubomir Stanislavov, executive director of Automotive Cluster Bulgaria
the reason is that many companies in the industry are already looking for alternatives to relocate their production to different locations, such as for their factories. , as well as those of whole cars
"They are looking for places where this cost can be offset, and Bulgaria is one of the very hot and interesting destinations" explains Stanislavov to Bloomberg TV Bulgaria "
" Yesterday I heard about a Bulgarian comp who signed a huge contract with Jaguar for the supply of aluminum components, the volume is several times larger than its production, which are components for electric cars – a comprehensive product completed " said the specialist 19659002] According to him, this example is one of the" series of successes "to which Bulgarian builders can rely on. wait by the end of the year
"During the last five years of the badociation, we have permanent talks with suppliers" Lyubomir Stanislavov says and adds that it is a clear signal of the & # 39; Bulgaria's growing interest for investors. The expert also says that there are companies from Europe as well as those from Asia and America
Ljubomir Stanislavov estimates that 170 companies are currently employed in the sector , and all development prospects are good. He explains that this applies to companies in general in Europe and especially in Germany. The expert believes that German companies will also be able to fight US tariffs. Other experts, however, doubt that if really Germany will be able to cope with the burden of American homework
After Washington announced its serious intentions of "hitting" the Heavy import Cars from the European Union (EU), a number of badysts have warned that they can be a serious problem for the continental industry. The reason is that the United States is the largest market for European brands
The EU as a whole and more precisely Germany is the world's largest car exporter. This is the reason why badysts refer to it as the country that will suffer the hardest hit of the White House tariffs
. The import duties on cars will reduce Germany's economic output by about 6 billion euros, warns Eric Schweitzer, chairman of the German Chamber of Industry and Industry. Trade on ZDF
Rates will increase the cost of cars and seriously affect their sales. Not only will they lead to job losses in Germany and Europe, but they will also affect jobs and investment in the US, warned Schweizer.
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