Now, Trump’s tariffs represent another blow for the industry. The US president has repeatedly attacked countries such as Germany for running trade surpluses with the US – an imbalance he has blamed for job losses in America’s ex-industrial Rust Belt.

US President Donald Trump has promised to slap sweeping tariffs on the European Union’s US-bound exports. The move would hammer major manufacturers already tangled up in Washington’s threatened tariffs on products from Canada and Mexico,

The president will soon have to decide whether to match his trade rhetoric with action or shelve his tariff plans.

Several trade groups are sounding the alarm that President Donald Trump's tariffs on goods from Canada, Mexico and China will drive up costs for Americans.