EU Ready to Respond to Trump Tariff Threat, Pierrakakis Says
6 Articles
6 Articles
Washington.- U.S. trade representative Jamieson Greer told EU and German trade officials this weekend that Washington will continue with President Donald Trump’s plan to increase tariffs on block car imports to 25 percent, according to a statement made today at CNBC. “This weekend I contacted both European and German trade officials to help them understand why this is happening and to remind them of all the discussions we have had on compliance,…
EU ready to respond to Trump tariff threat, Pierrakakis says
Europe is prepared to respond if US President Donald Trump carries out his threat to raise tariffs on cars and trucks imported from the European Union to 25%, Eurogroup President Kyriakos Pierrakakis has said.
Global tensions continue to rise. Donald Trump has threatened Europe to increase customs duties on trucks and cars, to reach 25%. If the threat were to be implemented, the bill could be particularly salty for some car manufacturers. A loss of €30 billion Donald Trump is constantly making announcements in recent weeks. Beyond the current conflicts in the Middle East, the President of the United States has announced a wish that concerns the Europe…
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