Posted on 07/19/2018 7:24:09 AM PDT by GonzoII
The European Union says it is already preparing measures to retaliate against the United States if President Donald Trump puts tariffs on imported cars and auto parts.
The auto industry is a big employer and exporter in Europe, and the new tariffs could hit the region hard, as well as consumers and manufacturers in the U.S., where prices would rise.
...snip
For Europe, there is a lot at stake as companies like BMW, Daimler, Volkswagen, and Fiat Chrysler send $46.6 billion worth of vehicles every year to the U.S. Some 13.3 million people, or 6.1 percent of the employed population of the EU, work in the automotive sector, according to the European Automobile Manufacturers Association.
(Excerpt) Read more at libn.com ...
Horse hockey! Go to Europe and tell me how many American cars you see on the highway. Very few.
I thought the auto manufacturers had already signeled they prefer dropping local tariffs to going to trade war with America.
You are correct, Merkel said as much also. They have to negotiate through the EU first, they cannot go solo.
Just tell the EU we will not allow anything into or out of port and customs will detain and confiscate everything currently docked or in US waters. Now that’s an Auto Ban on Importation the American people will love. Then destroy their cars, parts, and sink their ships to make new barrier reefs.
Just use the term Free Traitor™, it's easier and gets to the point quicker.
Everybody here knows that aside from being a violation of Federal Law, it is also fake post.
Made up and untrue
It wouldn't suck for US wages and the American worker, it would be a boon.
Hit a nerve did I?
They have offered to eliminate tariffs on vehicles imported from the U.S. if the U.S. will do the same. That would include the 25% tariff we have on imported light trucks and SUVs. Detroit would not sit still for that.
They will do that if the U.S. will do the same. That includes the 25% tariff we have on light trucks and SUV imports.
Pull our troops out. Let the EU members become Russian and
Muslim lamp shades.
So the EU is readying tariffs on autos that most Americans can’t buy due to price anyway. Big deal. And their “retaliation” is going to hurt the 6 million EU workers. Nost of these automakers already have plants in the U.S., and will probably shift more production here. Fine with me. Sucks for workers in the EU collective though
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