Friday, August 31, 2018

Trump Says EU Offer for No Auto Tariffs Is ‘Not Good Enough’

Trump Says EU Offer for No Auto Tariffs Is ‘Not Good Enough’President Donald Trump rejected a European Union offer to scrap tariffs on cars, likening the bloc’s trade policies to those of China. Trump’s comments come just hours after Trade Commissioner Cecilia Malmstrom told European Parliament lawmakers that the EU would be “willing to bring down even our car tariffs to zero, all tariffs to zero, if the U.S. does the same.” Autos were previously excluded from the discussions that focused on manufactured products bought and sold between the two markets. Trump compared the EU to China, where the president is engaged in another escalating trade war.




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