US tariffs on imports of European and Asian cars are still avoidable, US Commerce Secretary Wilbur Ross said on Sunday. Ross told Bloomberg TV that Washington has held positive talks with foreign automakers and governments over the proposed measure. He said he hoped the tariffs of 5-15% on foreign cars may be unnecessary in light of those negotiations. “We’ve had very good conversations with our European friends, with our Japanese friends, with our Korean friends, and those are the major auto-producing sectors,” Ross said on the sidelines of a regional summit in Bangkok. Read more: US imposes record $7.5 billion tariffs on European goods Watch video 01:12 Share EU may scrap US car tariffs Send Facebook Twitter google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine Permalink https://p.dw.com/p/3MXSG German minister: EU could drop US car tariffs “Our hope is that the negotiations we’ve been having … will bear enough fruit that it may not be necessary to put the 232 [Section 232 of a 1962 trade law] fully into effect, may not even be necessary to put it partly in effect.” Last year, US President Donald Trump asked the Commerce Department to determine whether the dominance of foreign carmakers threatened US national security. In May, three… Read full this story
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