US tariffs on steel and aluminum will be imposed on European producers from Friday on. The EU Commissioner for Trade still hopes to avert them. Washington, however, remains stubborn.
The trade conflict between the US and the EU escalates: After Trump's threat to slap higher duties on auto imports from the bloc, the EU warns it could sanction US exports worth billions.
US officials have revealed a list of Chinese goods they will be targeting with 10 percent tariffs, raising fears of an escalating trade war. US retailers have slammed the decision, as has China itself.
Richard Grenell is said to have met the heads of Daimler, BMW and Volkswagen in the US Embassy in Berlin. They reportedly "liked" what he had to say about solving the dispute over European car imports into the US.
Canada is the latest country to retaliate against the Trump administration's steel and aluminum tariffs. The Canadian tariffs were designed to cause political pain for Republican-controlled states and districts.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version