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[German Machinery Manufacturers Call for Renegotiation of EU-US Tariff Agreement] On the 29th local time, the German Engineering Federation (DEF) issued a statement saying that the trade agreement reached between the EU and the US is "worthless" for the German and European machinery manufacturing industries. The statement argued that if the US includes more German and EU products in the steel and aluminum tariffs, it will severely impact German and EU machinery exports. The DEF stated that the so-called tariff agreement between the EU and the US poses a significant potential risk to the German and EU machinery industries because the US plans to include more products in the steel and aluminum tariffs. In December, the US is expected to impose a 50% tariff on approximately 200 types of machinery products, and in the worst-case scenario, could impose punitive tariffs as high as 200%. In August, the US already expanded the scope of EU machinery products subject to steel and aluminum tariffs, affecting approximately 40% of Germany and the EU's total machinery exports to the US. German Engineering Federation (DEF) President Kärrat stated on the 29th that if the US expands its tariffs in December, it is estimated that 56% of Germany's machinery exports to the US will be affected, impacting almost every sector of the machinery industry. Imposing import tariffs on European machinery products has not only failed to promote the US government's goals of protecting national security and revitalizing American industry, but has actually undermined these goals. This is because European-made machinery plays a crucial role in US production, especially in sectors vital to national security such as weapons systems, semiconductors, and aerospace. Kärrat stated that although the EU-US tariff agreement has been finalized, the EU must not let its guard down. The DEF calls for renegotiating the EU-US tariff agreement, as it fails to provide predictability and stability for the machinery manufacturing industry. (CCTV)