According to foreign media reports on June 26, local time, US President Trump (Donald Trump) said that the US government is about to complete research on raising tariffs on imported EU cars and that he will take action soon.
A month ago, the US government investigated whether imported cars and parts pose a threat to national security, and plans to complete the investigation by the end of July or August. Trump also threatened to import all imported cars in the EU. Impose a 20% tariff.
Gloria Bergquist, spokesperson for the American Automobile Manufacturers Union, said the alliance would submit a written document warning that Trump’s tariff plan for imported vehicles from the European Union would increase US consumers’ annual spending by $45 billion, based on car sales in 2017. That is an average of $5,800 per vehicle. This largely offsets the benefits of tax cuts. The members of the American Automobile Manufacturers Alliance include GM, Toyota, Volkswagen and other automakers.
In addition, consumers will face higher costs of imported auto parts when they purchase cars from US and foreign vehicle manufacturers. The US Department of Commerce has not commented on this.
Previously, Jyrki Katainen, vice chairman of the European Commission, said: 'If the United States decides to increase import tariffs, we will have no choice but to choose to respond. We don't want to openly trade disputes through Twitter, we should avoid dispute escalation.'
Trump has repeatedly criticized German automakers, including BMW, for exporting vehicles to the United States, although BMW employs 9000 workers at an assembly plant in South Carolina. Local time, June 26th, Trump also threatened American motorcycle manufacturer Harley-Davidson, saying that if the company evades retaliatory tariffs on US motorcycles and continues to transfer some of its production overseas, the US government will impose the company. Higher tariffs.
The United States currently imposes a 2.5% tariff on passenger cars imported from the EU and a 25% tariff on imported pickups. The EU imposes a 10% tariff on US imports.
In addition, Trump also said that if China fulfills its commitment to impose retaliatory tariffs on US soybeans, automobiles and other commodities, Trump threatens to impose a 10% tariff on Chinese goods worth an additional $400 billion. An analysis of the tariff list from Reuters found that, to date, most Chinese products have been classified as intermediate products or capital goods, avoiding direct taxation on such products, but many consumer products are included, in the future Become the target in the round.
