• About Us
  • Who Are We
  • Work With Us
Saturday, July 12, 2025
No Result
View All Result
The Globe Post
39 °f
New York
44 ° Fri
46 ° Sat
40 ° Sun
41 ° Mon
No Result
View All Result
The Globe Post
No Result
View All Result
Home Business

Merkel Open to Global Car Tariff Talks Amid Threat of US Trade War

Daniel Payne by Daniel Payne
07/05/18
in Business, World
Angela Merkel

German Chancellor Angela Merkel, Nov. 17, 2017. Photo: Michael Kappeler, dpa via AP

Share on FacebookShare on Twitter

German Chancellor Angela Merkel said on Thursday she would back talks on lowering E.U. automobile tariffs on U.S. car imports, but underscored that such negotiations could only be carried out with “all the countries with which we have trade in cars,” and not the United States alone.

“We can either have negotiations about a wide range of tariffs, for 90 percent of goods, or we can talk about one type of goods, but then we must accord the same treatment to all trading partners of the world. That can be an option that I can imagine,” Merkel said.

Merkel’s comments come after U.S. Ambassador to Germany Richard Grenell hosted executives from top German car firms on Wednesday, where he called on the E.U. to eliminate tariffs on car imports in exchange for equal treatment by the United States.

On Wednesday, Merkel suggested that a trade war with the U.S. was still avoidable.

“This resembles a trade conflict and I don’t want to use other words,” Merkel said to German lawmakers. “It is worthwhile to prevent this conflict from becoming a real war but there are two sides to this.”

In June, United States President Donald J. Trump proposed a 20 percent tariff on all imported cars, saying tariffs and trade barriers have “long been placed on the U.S. & its great companies and workers by the European Union.”

Based on the Tariffs and Trade Barriers long placed on the U.S. & its great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!

— Donald J. Trump (@realDonaldTrump) June 23, 2018

The U.S. Department of Commerce initiated a Section 232 Investigation to consider the effect of car imports on the national security. Section 232 of the Trade Expansion Act of 1962 gives the executive branch the power to determine the threat that certain imports may pose to the nation and will include domestic capacity and production to meet national defense requirements, as well as losses of skills or investments in the national economy.

“We hope the Trump Administration will take targeted measures to boost domestic manufacturing and strengthen our economic and national security for this and future generations,” the United Automobile, Aerospace and Agricultural Implement Workers of America said in a public comment on the investigation.

Section 232 was invoked by the Trump administration to levy steel and aluminum tariffs earlier this year. Those tariffs prompted the European Union to create tit-for-tat tariffs for iconic American goods including bourbon, jeans and Harley-Davidson motorcycles.

The high-stakes decision could affect auto and other industries in the U.S. and E.U. alike.

“The good functioning of the global economy depends on us working together in a spirit of partnership,” Merkel said, “and Germany will support it.”

Levying Tariffs on European Cars Would Be Counterproductive

Share1Tweet
Daniel Payne

Daniel Payne

Related Posts

A Black Lives Matter mural in New York City.
Opinion

Fuhgeddaboudit! America’s Erasure of History

by Stephen J. Lyons
April 2, 2025
Donald Trump
National

Trump Hails Super Tuesday Wins in Race to the White House

by Staff Writer with AFP
March 6, 2024
A woman checks the website of Israel-made Pegasus spyware
World

European Companies Sold Spyware to Despots: Media

by Staff Writer
October 6, 2023
People visit the World Artificial Intelligence Conference (WAIC) in Shanghai
World

China Unveils New Operating System Amid US Tensions

by Staff Writer
July 6, 2023
A man holds US, Taiwan flags
Business

US and Taiwan Ink Trade Deal as China Issues Warning

by Staff Writer
June 2, 2023
Heavily armed police inspect the area near a Jehovah's Witness church where several people have been killed in a shooting in Hamburg, northern Germany
World

Eight Dead in Shooting at Jehovah’s Witness Hall in Germany

by Staff Writer
March 10, 2023
Next Post
european parliament voted against meme legislation

European Parliament Votes Against Controversial Copyright Reform

A Mosul checkpoint held by Islamic State militants on June 16, 2014

Iraq's Mosul Remains in Ruins a Year After Liberation from ISIS

Recommended

UN rapporteur Francesca Albanese

UN Says US Sanctions on Expert Sets ‘Dangerous Precedent,’ Must Be Reversed

July 11, 2025
Women in Afghanistan wearing a blue burqa

ICC Seeks Arrest of Taliban Leaders Over Persecution of Women

July 9, 2025
Kenya, Nairobi, 2024-07-16. Protesters in the streets

Nairobi Tense as Kenya Marks Democracy Uprising

July 7, 2025
President Donald Trump

Trump Wins ‘Phenomenal’ Victory as Congress Passes Flagship Bill

July 4, 2025
University students march in protest towards the Istanbul Municipality in Sarachane as they demonstrate against the arrest of Istanbul Mayor Ekrem Imamoglu in Istanbul, Turkey, on March 21, 2025.

‘Remember Charlie Hebdo!’ Protesters Seethe at Istanbul Magazine

July 2, 2025
US President Donald Trump

US Senate Edges Towards Vote on Trump’s Divisive Spending Bill

June 30, 2025

Opinion

Donald Trump

Fact vs. Fiction: The Trump Administration’s Dubious War on Reverse Discrimination

June 18, 2025
Tens of thousands of protestors shut down Fifth Avenue in Manhattan on Saturday, April 5, 2025, protesting the Trump administration's abuse of the separation of federal powers as well as the deep cuts to governmental services overseen by presidential advisor Elon Musk.

Civil Society Is Holding the Line. Will Washington Notice?

June 17, 2025
A Black Lives Matter mural in New York City.

Fuhgeddaboudit! America’s Erasure of History

April 2, 2025
Bust of Deputy Rubens Paiva in the Chamber of Deputies

Democratic Brazilians Are Still Here

March 18, 2025
A woman from Guatemala

Dispatch From Central America

January 28, 2025
US President Donald Trump

Dear Trump Supporters: Is This the America You Wanted?

January 28, 2025
Facebook Twitter

Newsletter

Do you like our reporting?
SUBSCRIBE

About Us

The Globe Post

The Globe Post is part of Globe Post Media, a U.S. digital news organization that is publishing the world's best targeted news sites.

submit oped

© 2018 The Globe Post

No Result
View All Result
  • National
  • World
  • Business
  • Interviews
  • Lifestyle
  • Democracy at Risk
    • Media Freedom
  • Opinion
    • Editorials
    • Columns
    • Book Reviews
    • Stage
  • Submit Op-ed

© 2018 The Globe Post