<
https://www.theguardian.com/business/2025/oct/13/one-europe-biggest-farm-machinery-firms-halts-us-exports-hidden-tariffs-krone>
"One of Europe’s biggest farm machinery companies, Krone, has been forced to
pause exports of large equipment to the US because of “alarming” and
little-known new tariffs that are hitting hundreds of products from knitting
needles and hairdryers to combine harvesters.
Among the products on the steel derivatives list drawn up in consultation with
US manufacturers, Donald Trump is taxing 407 specific products ranging from
tiny embroidery stilettos to cooker hoods, barbecues, fridges, freezers,
dishwashers, hair curling tongs, grills, elevators, bridge and railway
structures, agriculture equipment and wind turbines.
It has meant that since 18 August, companies such as Krone and the construction
company Liebherr in Germany have to provide an unprecedented level of detail to
customs border authorities certifying the origin, weight and value of any steel
in their products right down to nuts and bolts.
“You have to get paperwork from the supplier to the supplier to the supplier.
That is pretty much impossible,” said Oliver Richtberg, the head of foreign
trade at the German engineering federation VDMA, one of the most influential
trade bodies in Europe.
He described the EU/US trade deal, struck in July, as “not worth the paper it
is written on”.
“[Ursula] Von der Leyen speaks of stability – for our industry, that is 100%
not true. The bureaucratic hurdles are so high that some companies have just
stopped exporting to the US,” added Richtberg."
Via Andrea Borgia and Christoph S.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
