White House threatens to impose further tariffs on European car imports

March 13, 2018

The United States has stated it may place further levies on imports of European cars. According to US President Donald Trump, imported cars from European automakers would be targeted after the EU was said to be considering imposing 25% tariffs on popular US imports to the EU – this move itself a response to the US’s announced 25% tariff on imports of steel and 10% on aluminium.

In a recent tweet, the US President stated, “If the EU wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars [sic] which freely pour into the U.S.”

The US is the largest export market for EU cars, accounting for 25% of the €192 billion worth of motor vehicles exported by the EU in 2016. Germany is responsible for just over half of the EU’s car exports and is expected to be hardest struck by the proposed tax.

The steel and aluminium tariffs are expected to come into effect on March 23. Several talks have been held in the weeks since these tariffs were announced, with Canada, Mexico and Australia having secured exemptions. However, following a recent meeting in Brussels between EU Trade Commissioner Cecelia Malmstrom and US Trade Representative Robert Lighthizer, it is reported to have concluded without the EU receiving assurances that it would also be exempted.

Asked to respond to the US Presidents’ accusations that the EU is imposing barriers to U.S. automakers, Malmstrom said that “it’s hard to argue on Twitter over these issues, but the European Union is a very open market.” The bloc does impose a 10% levy on U.S. car imports, while the U.S. charges a 25% levy on trucks and pickups, and up to 40% on some clothes, she said.

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link