The U.S. and European Union are ready for a trade-off, as recent reports suggest that the EU is willing to waive all tariffs on industrial imports from the U.S. in exchange for lower duties on its automobile exports to the country. This proposition of having no industrial tariffs is poised to benefit several U.S. exporters.

EU Could Soon Announce Tariff Removal On All US Industrial Imports

According to a report by Bloomberg, President Donald Trump will lower the tariff rates on EU auto imports once the EU removes tariffs on all U.S. industrial exports by the end of this week.

This comes as EU President Ursula von der Leyen has previously described the U.S.-EU trade deal as “a strong, if not perfect deal.”

The data shared by Bloomberg shows that German and South Korean automakers are far more dependent on imports for their U.S. sales than their Japanese and American competitors.

Current Tariff Rates On Auto Imports

The U.S. currently imposes a …

Full story available on Benzinga.com

The U.S. and European Union are ready for a trade-off, as recent reports suggest that the EU is willing to waive all tariffs on industrial imports from the U.S. in exchange for lower duties on its automobile exports to the country. This proposition of having no industrial tariffs is poised to benefit several U.S. exporters.

EU Could Soon Announce Tariff Removal On All US Industrial Imports

According to a report by Bloomberg, President Donald Trump will lower the tariff rates on EU auto imports once the EU removes tariffs on all U.S. industrial exports by the end of this week.

This comes as EU President Ursula von der Leyen has previously described the U.S.-EU trade deal as “a strong, if not perfect deal.”

The data shared by Bloomberg shows that German and South Korean automakers are far more dependent on imports for their U.S. sales than their Japanese and American competitors.

Current Tariff Rates On Auto Imports

The U.S. currently imposes a …

Full story available on Benzinga.com

 The U.S. and European Union are ready for a trade-off, as recent reports suggest that the EU is willing to waive all tariffs on industrial imports from the U.S. in exchange for lower duties on its automobile exports to the country. This proposition of having no industrial tariffs is poised to benefit several U.S. exporters.
EU Could Soon Announce Tariff Removal On All US Industrial Imports
According to a report by Bloomberg, President Donald Trump will lower the tariff rates on EU auto imports once the EU removes tariffs on all U.S. industrial exports by the end of this week.
This comes as EU President Ursula von der Leyen has previously described the U.S.-EU trade deal as “a strong, if not perfect deal.”
The data shared by Bloomberg shows that German and South Korean automakers are far more dependent on imports for their U.S. sales than their Japanese and American competitors.
Current Tariff Rates On Auto Imports
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