https://www.politico.eu/article/eu-says-it-is-willing-to-scrap-car-tariffs-in-us-trade-deal/
While the EU’s car tariff of 10% is higher than the general U.S. auto
tariff of 2.5%, America imposes a 25% duty on light trucks and
pick-ups.
The European gambit may be a non-starter, as during a first meeting
in Washington last week, an EU proposal for including cars in the
discussions was rejected by the U.S. Brussels and Washington are holding
preparatory trade talks to define the scope of a potential future
agreement.
Malmström’s comment goes beyond what was agreed in July in the joint
statement between European Commission President Jean-Claude Juncker and
U.S. President Donald Trump, which only mentioned eliminating tariffs, non-tariff barriers and subsidies for “non-auto industrial goods.”
Malmström insisted that the discussions were not about “restarting
TTIP” but aiming for “a more limited trade agreement.” Furthermore,
Agriculture would not be in the agreement, nor public procurement as it
looks to today, she said.
Trump has the so called Allies crawling...LOVE
IT The US is a consuming nation, and when others cant get a Piece of the
action they fold like the snowflakes that they are.
Go Trump
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