Skip to content
Advertisement

New tariff hike could cost Germany $18BN

In addition to withdrawing troops from Germany, Donald Trump is escalating his trade dispute with the European Union. He says tariffs on cars and trucks will rise to 25 percent next week because the bloc is not complying. That is 10 percentage...

schedule 15:24 visibility 39 views
New tariff hike could cost Germany $18BN
Source: France 24
In addition to withdrawing troops from Germany, Donald Trump is escalating his trade dispute with the European Union. He says tariffs on cars and trucks will rise to 25 percent next week because the bloc is not complying. That is 10 percentage points higher than the rate agreed in a trade deal last July. The automotive sector is especially important to the EU, as car manufacturing makes up a significant part of Europe’s economy. Charlotte Lam reports.

newspaper

Originally published at

France 24

open_in_new Read Full Article

Related Articles

Several soldiers killed in Israeli strike on Lebanon
Military

Several soldiers killed in Israeli strike on Lebanon

Several soldiers have been killed in an Israeli strike on a vehicle in south Lebanon, Beirut's military said Saturday, days after the two countries announced a conditional truce following talks in the United States. FRANCE 24's Antonia Kerrigan...

France 24

Read More

North Korea quietly ramps up its nuclear program
Military

North Korea quietly ramps up its nuclear program

With Washington's attention elsewhere, North Korea has slowly been building up its nuclear weapons program. This week, Kim Jong Un took a publicity tour of a new nuclear fuel facility while promising to build more bombs.

DW News