EU Says Trump’s Proposed Import Quotas On Cars Are A No-Go

The European Union says it will reject any push from the United States to curb imports of cars and auto parts from the EU into the U.S.

U.S. President Donald Trump floated an idea of fixing quotas on automotive exports from Europe earlier this week, after claiming such shipments pose a national security threat.

Trump has delayed specific plans on auto tariffs for 180 days, but has instructed U.S. Trade Representative Robert Lighthizer to address the matter of reducing auto imports into the country during talks with the European Union and Japan. The voluntary restraints of exports is illegal under World Trade Organization rules, and Swedish Trade Minister Ann Linde says the EU bloc is “100 per cent against” such measures.

Also Read: VW CEO Says U.S. Tariffs Could Impact Profitability, Cost Them Up To $2.8 Billion

Bloomberg reports that the ongoing trade dispute could impact planned negotiations between the U.S. and European Union about eliminating tariffs on industrial goods to bring an end to a trade truce struck in July 2018.

If the U.S. does introduce tariffs on European-made vehicles, the EU will likely hit back with tariffs of its own on American-made goods. Last year, Trump imposed levies of 25 per cent on steel and 10 per cent on aluminum imported into the U.S., and in response, the EU applied a 25 per cent tariff on $3.1 billion of American products including whiskey, Levi jeans and Harley-Davidson motorcycles.

“We hope that the tariffs will not be put into practice at all,” Linde said. “That is a really, really tough situation for the Swedish car industry and the European car industry. So that would be a catastrophe.”

The European Commission asserts that a 25 per cent tariff on foreign cars would increase the sticker price of European cars in the United States by an average of 10,000 euros ($11,169) each.

  • Nick099

    Hmmmm…maybe the EU will drop their 10% tax on US cars or they will build more cars in the US…like we do in Europe.

    Oh well.

  • Enter Ranting

    The EU is calling the orange imbecile’s bluff. The clock is ticking on the feckless business failure.

  • Vassilis

    lol national security threat

New Center Side Airbag Coming Soon To Hyundai, Kia And Genesis Models

Installed inside the driver’s seat, Hyundai’s side center airbag is designed to prevent front passengers from colliding with each other.

Scuderia Cameron Glickenhaus Reveals Its WEC Hypercar Series Racer

SCG’s brand new endurance race car sports a massive rear wing and will be powered by a hybridized, 3.0-liter twin-turbo V6.

DS 9 Fastback Uncovered In China As Rebadged, Luxed-Up Peugeot 508 L

The DS 9 is very closely related to its PSA stablemate, and will be available with a 200 HP, 1.6 turbo four as well as a plug-in powertrain.

2020 Honda CR-V Gains New U.S.-Built Hybrid Version, Drops Base 2.4L Engine

The new addition to the CR-V’s lineup uses a hybrid powertrain that consists of a 2.0-liter petrol four and two electric motors.

Car-Clueless Thieves Crash ’67 Ford Mustang Into Store To Steal Three Gaming Consoles

And the award for the dumbest thieves of the year goes to the ones who used a ’67 ‘Stang to steal… three PlayStations!.

Honda Skyroom Concept May Be Tiny, But It’s Loaded With Tech

The futuristic study is all-electric and fully autonomous and features a circular cabin dominated by… a large couch!.

Grand Cherokee Summit Launches In Australia As Most Luxurious Version Of Jeep’s SUV

The most plush 2019 Grand Cherokee available will set you back AUD $84,450, plus on-road costs, and comes with an extensive list of equipment .

Forget About The Nürburgring – The 2020 Porsche Taycan Looks Best In Its Natural Habitat

Porsche just dropped a big photo gallery showing the 2020 Taycan during its international media drive event in Norway.

Infiniti Q50 Drops The Turbocharged Four-Cylinder Engine, Goes V6-Only For 2020

Pricing climbs by $750, but the 2020 Q50 now comes standard with 300 hp.

UAW Strike Already Causing Ripple Effects As GM Forced To End Truck Production In Canada

A lack of part shipments could also force dealers to rely on deliveries from aftermarket companies such as PepBoys .