11/7/2019

EC: U.S. Won’t Impose Tariffs on European Cars

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The U.S. won’t impose protective tariffs on cars from Europe, says Jean-Claude Juncker, the outgoing president of the European Commission.

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The U.S. won’t impose protective tariffs on cars from Europe, says Jean-Claude Juncker, the outgoing president of the European Commission.

The Trump administration faces a Nov. 14 deadline on whether to launch the threatened tax, which it would justify as necessary to national security. “He won’t do it,” Juncker tells the Sueddeutsche Zeitung, adding, “You are speaking to a fully informed man.”

Juncker says Trump is likely to criticize Europe’s trade policies. But Reuters says European diplomats are hoping for another extension as slow-moving trade talks continue. All three of Germany’s top carmakers—BMW, Daimler and Volkswagen—already have major investments in U.S. production facilities.