Merkel warns Trump against trade war over car tariffs threat
Source: Agence France-Presse
4 JUL 2018
German Chancellor Angela Merkel on Wednesday warned US President Donald Trump against unleashing an all-out trade war after he threatened to impose steep tariffs on cars from the European Union.
Both sides were already locked in a "trade conflict" since Trump's decision to slap punitive tariffs on steel and aluminium imports, said Merkel, adding that "it is worthwhile to prevent this conflict from becoming a real war".
Trump on Sunday charged that Europe is "possibly as bad as China" on trade, as he reiterated that he is mulling import taxes of 20 percent on EU cars.
The EU has slapped tariffs on iconic US products including bourbon, jeans and Harley-Davidson motorcycles, as a symbolic tit-for-tat response to the metals duties.
Read more: https://www.afp.com/en/news/23/merkel-warns-trump-against-trade-war-over-car-tariffs-threat-doc-1751ch3
nycbos
(6,034 posts)I know the Chancellor didn't want that title.
pazzyanne
(6,555 posts)...and Merkel fits the bill.
Isn't it ironic that Germany is leading the fight for the soul of democracy on the world stage. I never thought I would live to see the destruction of the United States. But it is happening all around us, and so far there doesn't seem to be anything we can do to stop it. Resist and Persist.
bucolic_frolic
(43,161 posts)and even if it did, wisdom of our elder leaders and propertied interests would protect the State
All 3 became concentrated in one thing
Elections are our last hope