Meanwhile, German automobile giant Volkswagen has seen profits tumble as a result of US tariffs. Meanwhile, the number of deportations from Germany is up slightly compared to the first half of last year.

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S.

Volkswagen reported a $1.5-billion first-half hit from tariffs and cut its full-year sales and profit margin forecasts in the German carmaker's first assessment of the damage from U.S. President Donald Trump's trade war.