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EC IL | https://www.cnbc.com/2018/08/30/trump-rejects-eu-offer-to-eliminate-...
President Donald Trump rejected an offer from the European Union to eliminate tariffs on cars if the U.S. did the same.
Hours earlier, EU Trade Commissioner Cecilia Malmstrom told the European Parliament's trade committee that the EU is "willing to bring down even our car tariffs to zero, all tariffs to zero, if the U.S. does the same.
Currently, the U.S. imposes a 25 percent tariff on light trucks and pickups and 2.5 percent on smaller cars. The EU imposes a 10 percent tariff on all passenger vehicles.
Does rejecting this offer imply that tariffs ARE the end game?
Edited by neukm 8/31/2018 09:10
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