has until November 13 to decide whether to apply new duties on European carmakers. This after Trump argued in May that U.S. imports of European autos pose a national security threat to the U.S., Juncker, who leads the EU's executive arm, said Trump will not go ahead with new tariffs.
"Trump will ruffle a bit, but there will be no automobile tariffs" Juncker told the German newspaper, according to Google translate. The trade relationship between the U.S. and the EU has been tense since Trump came to power and ended negotiations for a trade deal with Europe that the previous U.S. administration was conducting. Furthermore, last year, Trump announced steel and aluminium tariffs on Europe. The EU retaliated a few months later with duties on 2.8 billion euros of U.S. goods.
I love European cars, Ive owned 6 in my lifetime, all Volvos. One of those Volvos saved my life in a head on collision. I walked away from the crash. When paramedics arrived, they said I was lucky, or maybe Volvo leads the way in safety innovation 💡
AND EUROPE WILL IMPOSE TARIFFS ON U S CARS. NO BRAINER
Red flag to a bull 🇧🇭🐃
Did Trump say this or the EU Plutocrat elected dictator.
This idiot ruined the global economy with tariff.
Creates problem and solves it again.
Good news for the car industry - hopefully more -way more - EV
Who in the U.S. will it buy EU cars if they own a Tesla that drives itself?
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