Trade Wars: Germany Argues With France Over Common EU Stance On U.S. Tariffs

The European Union must reach a common stance on the threatened U.S. tariffs on steel and aluminum by April 30, but Germany’s willingness to give concessions is the opposite of what France wants.

France doesn’t want EU to make any concessions but instead wants to focus on pressuring China over subsidies and overcapacity in the steel industry. Germany on the other hand wants to protect its export-led industry but this might alienate other EU countries like France, Bloomberg reports.

The German government appears ready to discuss with the EU any measures to counter the U.S. threat to impose tariffs, with local media reporting that the German car industry supports a reduction in the 10 percent EU tariff on cars in order to avoid a trade dispute.

President Trump spoke with both Angela Merkel and Emmanuel Macron according to White House statements. He and Merkel “discussed joining forces to counter China’s unfair economic practices and of intellectual property,” as well as “leveling the playing field on tariffs,” the White House said.

Macron said to Trump that European steel and aluminum exports are not a security threat to the U.S., and that the rules of international trade need to be “reinforced” to ensure such a level playing field, according to the French President’s office.


  • Six_Tymes

    to all the haters, YOU may not know it, but this is GOOD news actually. Lets hope this plays out well, obviously it could go either way.

    • Jp

      We’ll talk about it when prices of your new favorite car will raise because of the new tariffs…

      More tariffs means pricier goods. I don’t see how a trade war is a good news.

      • FactChecker90803

        European import tax on cars, motorcycles, SuVs and pleasure crafts (Boats) is 10%. American Tax’s on the same imports from Europe are 2.5%, clearly a discrepancy exists.

        • Mr Mister

          And that discrepancy was to the benefit of American consumers who wanted to buy cars from Europe more than Europe was interested in American cars for a long time. Tariffs don’t fix issues like companies not making competitive products.

          You also ignore the “chicken tax” 25% tariff on light trucks, as well as the general more complex issue of other markets, and other factors. The US actively worked to make the dollar strong, which will inherently make imports more appealing.

          • FactChecker90803

            Irregardless, reciprocal trade will be the norm, as the president says, ” we are not looking for Free Trade, We are looking towards Fair Trade”.

    • Mr Mister

      That’s a bizarre argument. “This is GOOD news! Now let’s hope its actually GOOD news, it could be BAD news.”

    • smartacus

      breaks my heart to see two continental Eurabian Caliphates disagreeing like that

  • Craig

    It’s going to be interesting to see how all of this trade talk plays out.

  • Bash

    Me: Coffee first!

  • BGM

    And each of them is perfectly correct.

New Aston Martin Vantage Roadster Is Just Around The Corner

The open-top version of the Vantage will be unveiled before the end of the year.

The Porsche 917K Might Have The Greatest Twelve-Cylinder Ever

The 917 was unveiled in 1969 and the next year gave Porsche its first ever win at Le Mans.

Fiat’s Next-Generation 500 To Be An All-Electric “Urban Tesla”

The current, ICE-powered 500 will be sold alongside its brand-new, all-electric replacement.

Ay Caramba! One-Off Turquoise Koenigsegg CCXR Crashes In Mexico

The CCXR seems to have hit a concrete poll first and then slammed into a curb.

See The New 2020 Toyota Supra In All Eight Color Options

The standard 2020 Toyota GR Supra will arrive in U.S. dealers in fall this year.

New Chevrolet Onix Is Yet Another Compact Sedan For China

The new Chevrolet Onix will be offered with 1.0-liter and 1.3-liter engines.

China’s 2020 Buick Encore II To Sit Alongside New Chevrolet Tracker

First photos of China’s new 2020 Buick Encore II have surfaced ahead of its debut later this year.

Tesla Gives Model 3 A 5% Power Increase Via Software Update

Even the base, $35k Model 3 can do the 0-60 mph in just 5.6 seconds, but now it’s even faster.

Cargo Ship Carrying New 911 GT2 RS’ Sinks, Porsche To Resume Production Of Model

The cargo ship was carrying several new Porsche and Audi models, including four 911 GT2 RSs.

Brand New 2008 Dodge Challenger SRT8 Was Kept In Trailer For 11 Years

You can get this Challenger for $37k – or a 2019 R/T one and save $2,5k for fuel or whatever.