.
The fact is that German cars suffer a maximum import duty of only 1% in the US, whereas US car imports to the EU get charged 10%..
It will be interesting to see how the EU musters support for the notion of these unfair new US tariff threats..
Could it be that Trump’s tariff twitter tantrum might actually lead to a general negotiated lowering of global tariffs, rather than a global trade war?.
ONLY TIME WILL TELL….
-Daren O’Brien