German carmakers are on edge after US President Donald Trump vowed to impose tariffs on vehicles made in the European Union. The United States is the second biggest export destination for German cars after China.
US trade officials are believed to have told President Donald Trump that European car imports harm US national security. German carmakers are concerned that Trump could use the report to justify tariffs.
Donald Trump doesn't want to see any more BMWs or Mercedes on Fifth Avenue in New York. To that end, he has made different, partly contradictory threats and offers in the trade conflict with the EU. Will it work for him?
US President Donald Trump gave his "word" to the EU Commission head that he would hold off on tariffs on EU cars, Juncker told German media. Representatives of US car makers warned a tariff hike would backfire.
President Donald Trump has expressed hope trade talks between the US and China will leave 'nothing unresolved.' High-ranking officials from both sides are back at the negotiating table as talks enter their second day.
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