Donald Trump renews pressure and plans to hike tariffs on EU cars
Washington says the higher duty could come soon if Brussels does not finalize a pact that would keep most EU vehicle tariffs at 15%.
- U.S. Ambassador to the EU Andrew Puzder said Washington will implement 25% tariffs on European cars "relatively soon" if the bloc does not swiftly ratify a long-delayed trade deal.
- Trump threatened the increase because the European Union has failed to implement the agreement for nine months, while the United States acted over eight months ago.
- BMW CEO Oliver Zipse said he expects the two sides will solve the impasse, noting the automaker has its largest plant in South Carolina and is the United States' largest car exporter.
- Maros Sefcovic told Trade Representative Jamieson Greer on Tuesday that the bloc wants key parts of the agreement in place by July; French President Emmanuel Macron warned the EU has "tools to respond" to tariff threats.
- French Trade Minister Nicolas Forissier warned at the G-7 summit that the world is moving away from a balanced trade system, while Ambassador Puzder said the United States would walk away from the deal if the EU imposes additional measures.
19 Articles
19 Articles
The US ambassador to Brussels reiterates that car fees will rise to 25% until Europeans do not comply with their share of the pact between Von der Leyen and Trump in July last year. More information: The EU warns Trump that he will take retaliation measures if he raises tariffs on EU cars to 25%.
Deutsche Welle
INTELLINEWSNot for the first time the US President threatens Europeans with tariffs. A year ago the shock was still great. Does the EU show itself more resilient this time?
The United States will introduce the 25 percent import tariff on cars and trucks from the European Union ‘relatively soon’ if the bloc does not ratify the trade deal with Washington shortly. This was stated by US Ambassador to the EU Andrew Puzder to news agency Bloomberg.
The 25% US tariffs on European vehicles, at the moment, remain only a 'threat'. And they do not deserve, therefore, an immediate reaction so as not to fuel commercial tensions with the Americans...
Ursula von der Leyen must now show late courage and set a limit to the US President. Otherwise, he learns: Customs threats against Europe pay off immediately.
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