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EU gives stark warning to US over auto tariffs

The European Union warned today that up to 294 billion dollars worth of US exports would face counter-measures if President Donald Trump went through with his threat to slap duties on auto imports.

Trump has singled out the Europeans as a problem as great to the US on trade as China and laid out threats to fight the EU with a 20 per cent duty on EU auto imports, a particular source of his scorn.

Trump’s threat was the latest salvo in an escalating trade war that saw the EU slap duties on US-made jeans and Harley Davidson motorcycles in a tit-for-tat response to US tariffs on European steel and aluminium exports.

Source: AIR