About: car tariffs
EU redoubles threat to retaliate if US raises auto tariffs
The European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs, a top EU official said on Monday (22 July).
France maintains blockade to opening EU-US trade negotiations
Member states failed to convince France on Wednesday (3 April) to support the negotiating mandates for the trade negotiations with the US, but hoped to find a compromise to accommodate Paris’ concerns before Easter break.
Europe warns of ‘swift’ response to potential US car tariffs
The European Commission said on Monday (18 February) that the EU will respond in a “swift and adequate manner” to the possibility that the US may impose tariffs on European cars, following the submission of a US report on whether car imports represent a national security threat.
EU will eliminate industrial tariffs only if US lifts metal duties
The European Commission has made clear to the US administration that the elimination of industrial tariffs will depend on Washington lifting duties it imposed on EU steel and aluminium last summer.
EU gets ready to retaliate if US adopts fresh car tariffs
The European Commission adopted on Friday (18 January) negotiating mandates to eliminate tariffs in all industrial goods, including cars, with the US, but also warned that the preparations to retaliate are “very well advanced” if Washington decides to slap fresh duties on European automobiles.
EU to open trade talks on industrial goods with the US
Commissioner for Trade Cecilia Malmström will request a mandate from member states to start trade negotiations on industrial goods with the US, she confirmed on Wednesday (9 January) during her visit to Washington.
Malmström visits Washington as potential tariffs on cars overshadow trade talks
EU Commissioner for trade Cecilia Malmström travels to Washington on Tuesday (8 January) for a new round of trade talks with US officials, as potential tariffs on cars hold on European industry’s head.
US blames Europe for lack of progress in trade talks, threatens car tariffs
Senior US and EU officials blamed each other on Wednesday (17 October) for a lack of progress in ongoing trade talks, reviving the possibility of fresh tariffs on European cars, said the American representatives.
EU willing to agree on zero car tariffs with Trump
Commissioner for Trade Cecilia Malmström confirmed on Thursday that the EU would be willing to reach a “reciprocal” agreement with the US to scrap car tariffs as part of a new deal, but she added that both sides still have “profound disagreements” on trade.
BMW to build €1 billion car factory in Hungary
BMW will invest 1 billion euros ($1.17 bln) to build a new plant in Hungary at a time when a rise in protectionism is forcing carmakers to curb inter-continental exports and to refocus production networks to serve regional trading blocs.
Soybeans bring appeasement to EU-US trade war
The EU's pledge to import more soybeans from US farmers was the ‘dealmaker’ in the agreement between European Commission President Jean-Claude Juncker and US President Donald Trump to stop the dispute and open trade talks, EU sources told EURACTIV.