Germany said Friday it hopes the EU and United States can negotiate an agreement on US auto tariffs but the bloc was ready to retaliate, warning: „Nothing is off the table.”
US President Donald Trump this week announced 25-percent US duties on foreign-made cars, light trucks and vehicle parts, sparking criticism from world powers and sending stock markets into a tailspin.
The levies are due to take effect Thursday next week but Germany, the eurozone’s biggest economy and a major car manufacturer and exporter, noted that the European Union was seeking „intensive dialogue” with the United States.
Stressing „there are only losers” in trade disputes, government spokesman Steffen Hebestreit said: „We are trying to reach a solution”.
„At the moment (the EU) still hopes and aims to reach an agreement in talks with the United States that can possibly avert a trade war,” he said in Berlin.
He added however that if the talks do not yield results, „it is clear that Europe can and wil
We współpracy z: https://fortune.com/europe/2025/03/28/germany-warns-us-nothing-off-table-auto-tariffs-withdrawn-donald-trump/
