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Trump will not slap tariffs against European autos–EU head

Trump will not slap tariffs against European autos–EU head

Mubasher: European Commission President Jean-Claude Juncker said the US will not announce tariffs on European autos next week.

US President Donald Trump will not carry on with new tariffs, Juncker told German newspaper Sueddeutsche Zeitung.

President Trump was set to decide by 13 November on whether to implement new levies on European auto manufacturers.

Trump said that imports of European automobiles pose a national security threat to the US.

“Trump will ruffle a bit, but there will be no automobile tariffs,” the European Union’s (EU) executive arm president said.

Trade ties with the EU have been tense since Trump took office, having ended talks that the preceding administration was conducting with Brussels.

Last year, Trump slapped European steel and aluminium with levies, to which the bloc responded with tariffs on EUR 2.8 billion of US goods.

More recently, Washington announced duties on $7.5 billion in European goods last month, in relation to a dispute at the World Trade Organization (WTO) over subsidies to airlines.