Trump Says Auto Tariffs Never Off Table with Europe

Aug. 6, 2019

President Donald Trump renewed his threat to impose tariffs on European automobiles if he does not see progress in negotiations with the U.S. and Europe. 

August 6, 2019—President Donald Trump renewed his threat to impose tariffs on European automobiles if he does not see progress in negotiations with the U.S. and Europe, reports Euronews.

The president recently signed a deal to sell more U.S. beef to the EU. At the signing, he joked that he was working “on a 25 percent tariff on all Mercedes-Benz and BMWs coming into our nation,” then saying he was only kidding. President Trump said the threat of auto tariffs may have helped move Europe towards accepting the beef deal, but the tariffs still remain an option.

“Auto tariffs are never off the table,” Trump said. “If I don’t get what I want, I’ll have no choice but maybe to do that. But so far they’ve been very good.”

European Officials have said they are looking forward to working on reforming the World Trade Organization (WTO) with the U.S., but they would retaliate if the Trump Administration tried to raise car tariffs.

Sponsored Recommendations

Strategies to Increase Profits and Traffic at Your Repair Shop

Rev up your auto repair business with a guide to industry best practices that delves into the strategies and techniques that top-performing auto repair shops employ to not only...

Download: Lessons in ADAS

As ADAS systems become increasingly popular, understanding proper maintenance is crucial. This eBook explains the importance of staying current on proper ADAS calibration processes...

Establish and track your KPIs: Gross Profit on Labor

Every minute of your staff’s time is valuable—every minute in service to a customer should be billed. Missing opportunities to bill customers due to relatively new practices in...

Find the right shop management system to boost your efficiency

Get Organized - Find the right shop management system to aid in efficient scheduling, communication and payment processing