Home Car News No auto Tariffs from Trump on EU: European Commission Chief

No auto Tariffs from Trump on EU: European Commission Chief

- Advertisement -

The report suggests a lot of things. Here are a major thing from them this evening. The leaving European chief commission president Jean Claude Juncker has a lot of faith in Donald Trump. And he believes that he will not impose any tariffs on the imported European cars. This conversation took place with Germany’s Sueddeutsche. In the prerelease extracts of the interview, he mentioned that Trump might criticize the European models but there won’t be any tariffs upon them. And he is quite sure of his information. A lot of confidence I guess.

However, no comments came from the U.S. Commerce Department. But, Junkers made sure through his events that America will hold off the tariff plans on imported vehicles. And this would have effected adversely and in major ways of the ripple effect on European Automaker and many other suppliers of the United States. These will be made clear by November 14. And it’s necessary under some clauses of Section 232. The tariffs have once moved on by six months. But still, some experts from trade and automobile background suggest a similar action again from the government and Trump.

A lot of comments!!!

- Advertisement -

Matt Blunt, the head of the trade group of General Motors’s, Ford, Fiat, and some more had also an opposing view. He believes that such impositions of section 232 tariff on the automobile or parts will be harmful to the business and a lot of downfall of Auto industry and its market. The United states have done the talking and signing with Japan and South Korea. But the deals with the E.U. are a lot slower and disappointing to look at. The previous tales have staved off the tariffs. This was made clear by Trump who stated that tales with E.U. continues and aims to avoid the tariffs for the time being.

There are still hopes from the comments of U.S. treasury Secretary and he lauds the investment from the E.U. diplomats and is a good sign of reprieve. While the Senate Chairperson Charles Glassy is a critic of Government and declares the issue a national threat. And he comments of fear of delayed results on Tariffs.

- Advertisement -
Furious Mad
Madhav Kumar is a student at BIT Sindri pursuing Electrical Engineering and has great interest in writing and research. He wants to share his experience with more people and also, learn from them.

Must Read

Mercedes Exit from F1 unfounded and irresponsible speculation.

We see World Champion Mercedes move up to reiterate their commitment to Formula One. It was news that there were speculations in Germany regarding...

No Dutch Grand Prix in 2020 Confirmed

It will be 2021, a great wait for Red Bull's driver Max Verstappen, to race in front of his home crowd. We have confirmed...

F1 Cost Cap 2021 Explanation – What is the Change and Why?

It is going to be quite exciting to watch Formula 1 races breaking new grounds. They are going for new regulations which are first...

McLaren Engine up for sale in Auction

The best we can get as memorabilia is a piece of F1  cap or T-shirt or such thing. But what when the fans got...

2021 Acura TLX Is a Gorgeous New Sedan, Type S Has 3-Liter Turbo

As we all know Acura made too many cars,  and not all of them are good. But the new 2021 Acura TLX will be...

Nissan: Next Nissan Navara Might Not Be A Mitsubishi Triton Clone After All

Nissan retains some of its identity on future models, this was just after 24 hours after executives of the Renault-Nissan-Mitsubishi Alliance said they will...

BMW: BMW 6 Series Gran Turismo Axed In Australia

BMW is going to drop its 6 series from local showrooms after less than three years on sale. BMW launches its BMW 6 Series Gran...

Debut: 2021 VW Nivus Debuts With Coupe-Like Looks

VW Nivus has a 1.0-liter engine pair with six-speed automatic. The wait is over VW Nivus officially launch by the brand and along with photos...

Karma Revero GTE to have 400 miles range.

  Karma Automotive, the American electric luxury supercar makers have just announced a new segment of vehicles. Named as E-Flex technology, the segment will include...