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EU Unilateral Auto Tariff Offer To U.S.

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Old Mar 8, 2025 | 04:16 PM
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Three Wheeling
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Default EU Unilateral Auto Tariff Offer To U.S.

This auto tariff with EU might work out just fine. As a matter of fact, it may result in the US being in a better position than it is now.


https://www.forbes.com/sites/neilwin...ts-car-makers/

EU Unilateral Auto Tariff Offer To U.S. Might Shelter Its Car Makers

The European Union is reportedly ready to slash tariffs on U.S. auto imports to the same level charged on its exports in a move that would generate huge sighs of relief from investors.

The Financial Times, in a report from Brussels, quoted Bernd Lange, head of the European parliament’s trade committee, saying the EU could lower its 10% import tax closer to the U.S.’s 2.5%.
 
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