EU to offer lower tariffs on US cars

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The EU will offer to set tariffs for the import of the US car to avoid trade war with Donald Trump.

Bernd, who heads the European Parliament’s trade commission, told Financial Times that the alliance is ready to lower its import tax by 2.5 percent accused by the United States.

“We can try to make a deal before escalating the costs and tariffs,” Langang said in the EU discussions on how to sharpen tensions with the White House.

The alliance would suggest buying more liquefied natural gas and military equipment from the United States, “plus also looks at low rates of cars,” he added.

The EU hopes to avoid the harmful trading war, finding ways to reduce its trade with the United States, which victory often proves punitive measures. In the first half of Trump, Brussels lowered the ball tariffs on the lobes and offered to buy more LNG and Soyabeans, which are limited by steel and aluminum commercial dispute.

The EU’s car accident in the EU supports the move, in Brussels, officials told FT. The field is afraid that Trump will make his threats well to impose tariffs when Europeans do not take our cars, they take almost nothing, and we take almost nothing. “

Discounted car tariffs. The decision adopted by the representative of the European Commission as a representative of the Trade Policy also would resist China and other countries with WTO rules.

“We have tariffs for cars in the WTO, but let’s say that we have fair relations to show the world, it is possible that they will reduce them,” Lang said.

EU officials are convinced that imports from China will not be nominated, taking into account that the alliance has already set tariffs for up to 35 percent on electric vehicles that they are inexactly subsidized by Beijing.

BMW CEO Oliver Mehass has called for lower tariffs on cars and Mercedes leader, Ola Camnius said he wanted a “big deal” trump.

EU officials say that the main parking lots, including Germany, have consulted, and Berlin is not expected to oppose the move.

In 2022, the EU exported 738,436 cars in the United States, which are estimated at 37.4 billion euros. It imported it from 271,476 worth of 8.7 billion euros.

Lang warned that if the talks failed, the EU will return with a new weapon, which will allow it to target US technology and financial companies. Is Anti-terrorist tool It was created after the first time of Trump to deal with the countries with economic pressure to change domestic policy.

“Sometimes it’s important to have weapons on the table,” said Lang.

FT reported this week that the European Commission was preparing to use the means for the first time.

Lang says that Trump is likely to use tariffs to try to weaken the regulations and remove taxes on online companies such as meta, x and Google on online companies.

“Consequently, ACI enters so that we can use this tool to solve these large technology companies.”

He said that in Brussels, the right to intellectual property can suspend, for example, allowing free use of software and use tourist services and other digital platforms.

He said that the ACI would demand to be deployed for about six months, as the EU would have to calculate the damage of its industry and receive the support of a majority member state.

But he said that the governments noted how the rapid vengeance of Canada and Mexico caused victory to win over the 25% tariffs charged to them so that they could stop their 30 days.

“We are, of course, more powerful than Canada or Mexico. And, therefore, I suppose we are able to protect our economic interests. “

The commission refused to comment.

 
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