Trump threatens to impose high tariffs on EU cars
Jan, 23, 2020 Posted by Sylvia SchandertWeek 202005
On Wednesday, January 22, U.S. President Donald Trump threatened to impose high tariffs on European Union car imports if the bloc did not close a trade deal.
Trump had previously made threats to tax European auto imports, with the intention of getting better terms in the US-Europe trade relationship. Trump has repeatedly postponed the application of tariffs.
“I met the new head of the European Commission, who is excellent. And I had a great conversation. In an interview at the Davos World Economic Forum, Trump said ‘look, if we don’t get something, I’ll have to take action’ and the action will be very high tariffs on your cars and other things that come into our country.”
Ursula von der Leyen succeeded Jean-Claude Juncker at the end of 2019 as the EU’s top official, becoming the first woman to hold the post.
Source: Reuters
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