Trump Threatens to Impose Tariffs on European Cars


news image

President Donald Trump upped the ante in a brewing trade conflict stirred up by his announcement of steel and aluminum tariffs, saying the U.S. would impose tariffs on European car exports if the bloc follows through with retaliation against his metals duties.

“If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S.,” Mr. Trump wrote on Twitter from Palm Beach, Fla. “They make it impossible…

Read More

This site uses Akismet to reduce spam. Learn how your comment data is processed.