{"id":148605,"date":"2020-06-08T09:52:29","date_gmt":"2020-06-08T13:52:29","guid":{"rendered":"https:\/\/www.thedetroitbureau.com\/?p=148605"},"modified":"2020-06-08T09:52:29","modified_gmt":"2020-06-08T13:52:29","slug":"trump-threatens-eu-with-car-tariffs-again","status":"publish","type":"post","link":"https:\/\/thedetroitbureau.com\/2020\/06\/trump-threatens-eu-with-car-tariffs-again\/","title":{"rendered":"Trump Threatens EU with Car Tariffs Again"},"content":{"rendered":"
\"Trump<\/a>
President Donald Trump is renewing threats to levy tariffs on vehicles imported to the U.S. from the European Union.<\/figcaption><\/figure>\n

President Donald\u00a0Trump renewed earlier threats to levy heavy tariffs on new vehicles imported from Europe.<\/p>\n

Trump has periodically threatened to raise tariffs on such vehicles since he took office in 2017.\u00a0His threats have been heard less frequently since last fall as trade talks between the United States and European Union have intensified.<\/p>\n

However, there has been no resolution as the COVID-19 pandemic, economic problems that followed the virus and set unemployment soaring, rising tensions with China\u00a0as well as the protests across the U.S. sparked by the murder of George Floyd at the hands of police also have kept the Trump administration occupied for weeks.<\/p>\n

<\/p>\n

(Trump threatens tariffs as gasoline prices waver in face of pandemic.)<\/a><\/strong><\/span><\/em><\/p>\n

The issue of trade with the EU came up again at the end of last week during a discussion with commercial fishermen from Maine. The fishermen told Trump they were at a disadvantage because Canadian fisherman can sell lobsters caught off New England to European customers without paying any kind of tariffs.<\/p>\n

\"\"<\/a>
Trump said 25% tariffs could be coming in Davos in January.<\/figcaption><\/figure>\n

Lobsters caught in the same water by fisherman from Maine face tariffs, representatives of the U.S. seafood industry told Trump. China, in retaliation for Trump administration trade policies, also have imposed stiff tariffs on lobsters caught by fishermen from Maine.<\/p>\n

At that point during this discussion last week, Trump again rolled out his threat against European auto shipped to the United States and summoned Peter Navarro, his principal adviser on trade-related issues to look into the matter.<\/p>\n

\u201cThat\u2019s a natural for you \u2014 excuse me,\u201d told Navarro according to the official transcript posted on the White House.gov website.<\/p>\n

\u201cYes, sir,\u201d Navarro replied\u00a0according to the official transcript of the June 5 conference.<\/p>\n

(Trump renews\u00a0<\/strong><\/span><\/em>threat of 25% tariffs on European autos.)<\/u><\/i><\/b><\/a><\/p>\n

\u201cThat\u2019s a natural for you. European Union charges us a tariff; they don\u2019t charge Canada a tariff. This is for the press: So Canada doesn\u2019t pay a tariff for the same exact lobster in the same waters, but we pay a tariff.\u00a0If the European Union doesn\u2019t drop that tariff immediately, we\u2019re going to put a tariff on their cars, which will be equivalent \u2014 coming in \u2014 come in for nothing, which is ridiculous.\u00a0Okay? Do you understand?\u00a0It\u2019s going to be the equivalent-plus,\u201d Trump added.<\/p>\n

\u201cYes, sir,\u201d\u00a0Navarro said. However, Trump continued to make his point.<\/p>\n

\"\"<\/a>
Trump has threatened to place tariffs on vehicle or parts imports from the EU or China on a repeatedly during his presidency.<\/figcaption><\/figure>\n

\u201cIt\u2019s going to be the equivalent-plus.\u00a0Watch how fast that tariff comes off.\u00a0All right?\u00a0Watch how fast.\u00a0It should be plus, plus, plus. Okay? I\u2019m going to put Peter Navarro in charge of it.\u00a0That\u2019s perfect for him. I\u2019ll take that one off your plate, okay?\u201d Trump said.<\/p>\n

It’s not clear at this point how much weight the Trump administration will put behind the latest threat. Car dealers, an important Trump constituency, have pushed back against the tariff threats during the past three years.<\/p>\n

In addition, the auto industry is facing enormous pressure from the economic upheaval created by the pandemic, which forced business across the U.S. to shut down for the better part of three months.<\/p>\n

(Trump mulls hitting EU, Japan with tariffs on auto imports.)<\/strong><\/em><\/a><\/span><\/p>\n

Trump, during the appearance, pointed to a new report from the U.S. Department of Labor, showing the U.S. added more than 2 million jobs in May. The jobs report shows the U.S. economy will recover quickly from the impact of the pandemic, according to Trump.<\/p>\n","protected":false},"excerpt":{"rendered":"

President Donald\u00a0Trump renewed earlier threats to levy heavy tariffs on new vehicles imported from Europe. The threat came during a meeting with Maine commercial fisherman who were upset about tariffs on lobster. Get details at TheDetroitBureau.com.<\/p>\n","protected":false},"author":20009,"featured_media":146059,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[7,8,5],"tags":[],"make":[],"post-state":[],"category_old":[118,150,151,123,133,131,289,132,284,125,297,139,148,128,278,288],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/148605"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/20009"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=148605"}],"version-history":[{"count":0,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/148605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/146059"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=148605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=148605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=148605"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=148605"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=148605"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=148605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}