
Thousands of vehicles sit idle at EU port as Trump's tariffs leave their mark
Figures released by the port show a 15.9% drop in the transport of new passenger cars and vans to the US in the first six months of 2025 compared with the same period last year, with a sharp decline emerging in May – one month after the US president announced his 'liberation day' tariffs.
Exports of trucks and what they call 'high and heavy equipment' is down by almost a third at 31.5%.
This category includes tractors and construction vehicles, with the fall off in transatlantic movements perhaps reflecting the impact a 25% tariff would have on vehicles that can cost more than $100,000 (£74,430).
The port is one of the world's largest car transport hubs, shipping more than 3m vehicles around the world in 2024.
'The outlook for the second half of the year remains uncertain. Much will depend on whether a trade agreement between the EU and the US can be reached by 1 August,' the port said in a statement.
European carmakers from Volkswagen to Volvo had been hoping that a deal would have been sealed last week after Trump's original deadline for a tariff deal with the EU was due to expire.
Before Trump arrived in the White House they paid a 2.5% tariff on exports but since April they are being charged an extra 25%, adding tens of thousands of dollars to the price of a family-sized car in the US.
Ports across Europe have been tested by Brexit, the coronavirus pandemic, the port congestion caused by container shortages in 2024, with congestion a widespread issue across all northern ports, said Justin Atkin, the UK and Ireland port representative of the Port of Antwerp-Bruges.
Compared with Brexit, the tariff impact has been 'more of an instant shock' he said.
'With the pandemic, we had lockdown, then we were out of lockdown, then back into lockdown, and people got used to managing it after being unprepared. Whereas here … people have talked about tariffs in the build up [to Trump] but I don't think anyone expected the level and the severity of the instantaneous action.'
The port couldn't put a figure on the number of cars waiting to be transported but said it was in the thousands.
Sign up to Business Today
Get set for the working day – we'll point you to all the business news and analysis you need every morning
after newsletter promotion
Atkin said there was also evidence of Chinese cars being stockpiled at the port, which may reflect a diversion of trade from the US with Beijing grappling with tariff barriers.
Separately, disruptions in docking schedules caused by diversions due
to the conflict in the Red Sea, and the increased size of ships in
global fleets has meant containers are remaining at the port for up to
eight days instead of the usual five.
The US is the Port of Antwerp-Bruges's second-biggest trading partner after the UK and there is evidence that US exporters are also front-loading cargo to try to avoid any retaliatory tariffs that the EU may impose in the event of a trade war.
In the first half of the year, inbound cargo from the US increased by 17% with higher volumes of liquefied natural gas.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Independent
38 minutes ago
- The Independent
Top executives depart Tesla after months of turmoil and sales slump
Top executives have recently departed Tesla after months of turmoil caused by CEO Elon Musk 's stint in politics and a sales slump at the electric car company. Troy Jones, vice president of sales, service and delivery in Tesla's North American market, left the firm after 15 years, The Wall Street Journal reported Tuesday, citing people familiar with the matter. Several other Tesla higher-ups have left the company in the past year. Milan Kovac, a vice president of engineering who oversaw Tesla's development of its humanoid robot Optimus, announced his departure in June. 'This week, I've had to make the most difficult decision of my life and will be moving out of my position. I've been far away from home for too long, and will need to spend more time with family abroad,' Kovac, who had worked at the company for more than nine years, wrote on X at the time. He added: 'I want to make it clear that this is the only reason, and has absolutely nothing to do with anything else. My support for @elonmusk and the team is ironclad - Tesla team forever.' Jenna Ferrura, Tesla's director of human resources for North America, has also left. Bloomberg reported in June, citing people familiar with the matter, Ferrura no longer appeared in the company directory. Omead Afshar, who oversaw sales and manufacturing operations in North America and Europe, has departed the company as well. Forbes reported in June, citing people familiar with the matter, Afshar was fired by Musk after being promoted to his position in October. Bloomberg called Afshar one of Musk's 'closest confidants,' working at the company since 2017. The E-suite shakeups come during a rough few months for Tesla. Musk made waves among a key demographic of EV buyers when he led President Donald Trump 's Department of Government Efficiency. Musk left the White House in late May, and his relationship with Trump quickly soured. There have been protests at Tesla dealerships and even some cases of attacks on property at car showrooms and lots, charging stations and involving privately owned Tesla cars. Against this backdrop, Tesla's global vehicle sales dropped 13.5 percent in the second fiscal quarter of 2025, the Journal reported earlier this month. The company reported worse-than-expected Tesla deliveries. There were 384,122 Tesla vehicles delivered in the second quarter, off the 387,000 estimate from analysts, according to FactSet. Tesla's stock has also significantly decreased over the past six months. The stock was at around $413 per share on January 16, compared to about $308 per share on Tuesday, according to MarketWatch. The company has been trying to entice customers with an updated Model Y midsize SUV and a cheaper version of its Cybertruck. June was a particularly big month for Tesla as the company unveiled new versions of its Model S and Model X luxury cars and launched a pilot of its robotaxi service in Austin.


Auto Blog
an hour ago
- Auto Blog
Will Tariffs Bring Volvo's Popular SUVs to American Factories?
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. View post: Walmart is selling a 'lightweight' $75 mini chainsaw for just $33, and shoppers say it's a 'little powerhouse' Your next Volvo might be made in the USA According to a new report by Automotive News, Swedish automotive powerhouse Volvo may be considering shifting production of two of its most popular models to its U.S. production facilities to mitigate the most severe effects of President Trump's tariffs on its imported models. Two people familiar with the plan told AutoNews that the Swedes plan to build two of their popular crossovers, the midsize XC60 and the full-size XC90, at their factory outside of Charleston, in Ridgeville, South Carolina. They state that production of the smaller XC60 would commence first in January 2027, with the larger XC90 to follow in October 2028. Honda may move the next-generation Civic production from Mexico to the U.S. Watch More According to one of the sources who spoke with AutoNews, Volvo expects to build about 60,000 XC60s and 50,000 XC90s annually in the U.S., which would take advantage of the factory's 150,000-vehicle capacity. Currently, the brand makes just two cars at the South Carolina factory: Volvo's own EX90 electric full-size SUV and the Polestar 3 for its sister EV brand. June 2025 Volvo Car USA sales numbers reveal that the two bestselling Volvo vehicles in the States are the cars that are alleged to be localized. In the first half of the year, Volvo sold 21,907 units of the mid-size XC60 and 19,748 units of the full-size XC90. In total, the two crossover SUVs made up a whopping 64% of the 64,680 cars it moved in the U.S. through June. Volvo is currently shuffling its cards Source: Volvo The news of the alleged plans comes amid the news of some significant financial speed bumps for the Swedes. According to a July 14th report by Bloomberg, Volvo's car division is taking an impairment charge (a Wall Street and accounting term used to describe the diminishing in quality, strength, amount, or value of an asset) of 11.4 billion Swedish kronor (~$1.2 billion) due to delays to some of its electric models and the escalating cost of tariffs. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Specifically, Volvo is pinning the charges on hiccups related to the electric EX90 SUV and its electric sedan counterpart, the ES90. In a statement, they note that increased development costs have cut into potential profits from the EX90. Additionally, Volvo has raised concerns that tariffs have made the ES90 unfeasible for sale in the U.S. and threaten any EU sales profits. 'Given market developments such as import tariffs in the US, development and launch delays for the EX90, and strategic investment prioritizations, we have reassessed volume assumptions for these two cars. This has resulted in a lower than planned lifecycle profitability,' Volvo Cars CFO Fredrik Hansson said in a statement. Source: Volvo Recently, Volvo Cars CEO Hakan Samuelsson shared that the company would be taking a page from Nissan's book and starting its own austerity program, aiming to save over 18 billion kronor (about $1.85 billion). Part of this plan includes cutting 7% of the global workforce, which means around 3,000 jobs. These changes come after Volvo saw a 60% drop in operating income for the first quarter, and they're meant to help steady the company as it deals with tougher trade tariffs and slowing demand for EVs. However, since rejoining the company on April 1, Samuelsson has hinted at significant plans for the South Carolina factory, stating in a May Bloomberg interview that the company wants to 'bring in something rather fast, and something selling in good numbers,' adding that 'something midsize core is a good guess. Source: Volvo Additionally, the Volvo CEO has publicly expressed that he sees the situation with Trump's tariffs as an opportunity to boost and localize U.S. production. During Volvo's annual general meeting on April 3, Samuelsson told shareholders that globalization is being 'dismantled,' adding that they need to 'learn from the Chinese how to localize.' 'To get around these high 25 percent import tariffs, we need to look at localizing more, increasing the volumes in the factory, and getting the volumes up to get the cost down,' he said. Final thoughts Volvo is not alone in its resilience against the current tariff agenda set by the administration. However, the company has faced some unfortunate decisions in the past regarding its South Carolina plant. For example, the factory opened in 2018 to produce the S60 sedan, just as the sedan market began to shift toward crossover SUVs. Last year, Volvo started assembling the EX90 SUV at this plant and later introduced the Polestar 3, but demand for electric vehicles (EVs) has since slowed down. However, Volvo CEO Samuelsson seems committed to revitalizing Volvo after a period of unstable leadership. Although he is determined to increase American production of high-volume models amidst challenging trade discussions between nearly every nation, any decisions about the company's future must be carefully calculated. About the Author James Ochoa View Profile


The Guardian
an hour ago
- The Guardian
Trump says Indonesia to pay 19% tariffs, buy 50 Boeing jets under trade deal
US President Donald Trump says he has struck a trade pact with Indonesia resulting in significant purchase commitments from the south-east Asian country, after negotiations to avoid steeper tariffs. Indonesian goods entering the United States would face a 19% tariff, Trump said in a post on his Truth Social platform. This is significantly below the 32% level the president earlier threatened. 'As part of the Agreement, Indonesia has committed to purchasing $15 Billion Dollars in US Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777's,' Trump wrote. Boeing shares closed down 0.2% after the announcement. 'They are going to pay 19% and we are going to pay nothing … we will have full access into Indonesia, and we have a couple of those deals that are going to be announced,' Trump said outside the Oval Office earlier. Indonesia's total trade with the US – totalling just under $40bn in 2024 – does not rank in the top 15, but it has been growing. US exports to Indonesia rose 3.7% last year, while imports from there were up 4.8%, leaving the US with a goods trade deficit of nearly $18bn. The Trump administration has been under pressure to wrap up trade pacts after promising a flurry of deals recently, as countries sought talks with Washington to avoid the US president's tariff plans. But Trump has so far only unveiled other deals with Britain and Vietnam, alongside an agreement to temporarily lower tit-for-tat levies with China. Last week, Trump renewed his threat of a 32% levy on Indonesian goods, saying in a letter to the country's leadership that this would take effect 1 August. It remains unclear when the lower tariff level announced on Tuesday will take effect for Indonesia. The period over which its various purchases will take place was also not specified. Trump said on social media that under the deal, which was finalised after he spoke with Indonesian president Prabowo Subianto, goods that have been transshipped to avoid higher duties would face steeper levies. He separately told reporters that other deals were in the works, including with India, while talks with the European Union are continuing. Indonesia's former vice minister for foreign affairs, Dino Patti Djalal, told a Foreign Policy event Tuesday that government insiders had indicated they were happy with the new deal. Trump in April imposed a 10% tariff on almost all trading partners, while announcing plans to eventually hike this level for dozens of economies, including the EU and Indonesia. But days before the steeper duties, customised to each economy, were due to take effect, he pushed the deadline back from 9 July to 1 August. This marked his second postponement of the elevated levies. Instead, since early last week, Trump has been sending letters to partners, setting out the tariff levels they would face come August. So far, he has sent more than 20 such letters including to the EU, Japan, South Korea and Malaysia. Trump has unveiled blanket tariffs on trading partners in part to address what his administration deems as unfair practices that hurt US businesses. Agence France-Presse and Reuters contributed to this report