International

MERKEL CAVES: Germany Says It's Open to EASING TARIFFS on US CARS

posted by Hannity Staff - 7.05.18

German Chancellor Angela Merkel announced this week that her government would be open to reducing tariffs on American-made automobiles; hoping to ease tensions between the European Union and the United States over car imports.

According to Reuters, Merkel signaled Germany’s willingness to slash taxes on US manufactured automobiles rather than see new tariffs placed on German cars entering the United States; primarily Mercedez Benz, Volkswagen, and BMW.

“I would be ready to support negotiations on reducing tariffs, but we would not be able to do this only with the U.S.,” she said, adding that all deals will be “common European position and we are still working on it.”

President Trump slammed the EU’s tariffs on US exports in recent weeks, saying “We are finishing our study of Tariffs on cars from the E.U. in that they have long taken advantage of the U.S. in the form of Trade Barriers and Tariffs. In the end it will all even out – and it won’t take very long!”