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Trump Will Not Impose Tariffs On EU Cars – Juncker

  Advertisement The outgoing president of the European Commission Jean-Claude Juncker said Friday he believes the US will not impose new tariffs on imported European … Continue reading Trump Will Not Impose Tariffs On EU Cars – Juncker


(FILES) In this file photo taken on October 25, 2019 US President Donald Trump speaks to the press before departing the White House in Washington, DC. US President Donald Trump on November 6,2019 said he had hosted successful talks in the White House with representatives of Egypt, Ethiopia and Sudan on a controversial dam being built on the Nile. Trump was mediating in a dispute over Ethiopia’s construction of the huge dam which Egypt says could drastically disrupt the Nile, the river providing 90 percent of the country’s drinking water. NICHOLAS KAMM / AFP

 

The outgoing president of the European Commission Jean-Claude Juncker said Friday he believes the US will not impose new tariffs on imported European cars in the coming days.

President Donald Trump’s administration has been threatening since last year to impose tariffs on auto imports to defend the US automaking sector, a symbol of American manufacturing.

After postponing such measures in May, Trump is due to decide by mid-November whether to impose the supplemental tariffs on cars built in EU countries — a step particularly feared by the big German automakers.

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But in an interview with a German newspaper, Juncker said he was “fully informed” on the issue and that Trump “will not do it”.

“Trump will criticise a little, but there will not be tariffs on cars,” he told the Suddeutsche Zeitung published Friday.

If adopted, it would mark the latest escalation of the trade conflict between Brussels and Washington, coming only weeks after the US imposed new punitive taxes on European products worth $7.5 billion.

That increase came in mid-October, four days after the World Trade Organization (WTO) gave Washington a green light to take retaliatory trade measures against the EU over its subsidies to European aerospace giant Airbus.

The United States also imposed heightened tariffs last year on EU-made steel and aluminium products.

On November 3, US Secretary of Commerce Wilbur Ross suggested Washington may not need to impose new customs taxes on auto imports.

“We’ve had very good conversations with our European friends, with our Japanese friends, with our Korean friends,” Ross said.