Trump will not impose tariffs on European cars, EU chief says (CNBC)

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    Trump will not impose tariffs on European cars, EU chief says – By Silvia Amaro (CNBC) / Nov 8 2019

    • U.S. President Donald Trump has until November 13 to decide whether to apply new duties on European carmakers.
    • 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.

    US President Donald Trump and European Commission President Jean-Claude Juncker (L) met in Washington in July 2018.
    Saul Loeb | AFP | Getty Images

    The United States won’t be announcing tariffs on European cars next week, according to Jean-Claude Juncker, the outgoing president of the European Commission.

    U.S. President Donald Trump 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.

    In an interview with the German newspaper, Sueddeutsche Zeitung, 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.

    Continue to story article: https://www.cnbc.com/2019/11/08/trump-wont-impose-tariffs-on-european-cars-eu-juncker-says.html

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