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Trump threatens Europe with 20 percent tariffs on auto imports, escalating trade showdown with U.S. allies
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Contributor | RP |
Last Edited | RP Jun 22, 2018 11:58am |
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Category | Rule Change |
Author | Damian Paletta and James McAuley |
News Date | Friday, June 22, 2018 04:15:00 PM UTC0:0 |
Description | President Trump on Friday threatened to unilaterally impose a 20 percent tariff on all automobile imports from Europe, further breaking from Republicans in Congress and front-running an investigation he had ordered from the Commerce Department into whether these imports harm the U.S.'s national security.
It was the first time he had threatened to impose a specific level of tariffs on automobiles from Europe.
The tweet came as Europe imposed tariffs on goods worth 2.8 billion euros ($3.2 billion) -- including Harley Davidson motorcycles and Levi's jeans — which are themselves a targeted response to Trump’s earlier decision to impose steel and aluminum tariffs on European exports to the United States.
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