Saturday 23 June 2018

Trump threatens 20% tariff on all car imports from the EU

Trump threatens 20% tariff on all car imports from the EU

President Donald Trump tweeted another tariff threat Friday, this time targeting imported autos from the European Union. The president said on his feed that if the EU does not removed duties on U.S. cars, then the U.S. will have no choice but to act. The threat comes just two days after Commerce Secretary Wilbur Ross said no decision had been made on whether the U.S. would extend the volley of tariffs it has imposed on other goods to the automobile industry.
Read more: http://cnbc.com/id/105283433?source=Snapzu

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