The United States may push back the imposition of additional customs taxes on European cars, or simply give up on them, in the ongoing negotiations with the EU, Bloomberg reported, citing comments by US Trade Minister Wilbur Ross.
"We hope that the negotiations we are conducting with certain companies on their investments and capital will be a sufficient contribution and the application of Article 232 (Article which imposes restrictions on imports to the United States to protect their interests , Ed.) will not be necessary, "said Ross, quoted by Bloomberg.
The United States and the European Union are now conducting difficult negotiations on trade issues. In early October, the World Trade Organization (WTO) gave the final green light to Washington to impose sanctions against the EU, in retaliation for the subsidies granted to the European aircraft manufacturer Airbus. This is an increase in customs duties worth $ 7.5 billion. On this occasion, the US Trade Representative (USTR), Robert Lighthizer, announced new taxes of 10% on aircraft and 25% on agricultural and industrial products imported from Europe. This decision came into effect on October 18th.
Meanwhile, Donald Trump said in June that the United States would impose 20% surcharges on cars from Europe, but postponed the implementation of the measure for six months. In addition, the US President instructed the Secretary of Commerce to initiate an investigation to determine whether the importation of automobiles threatened the national security of the United States and whether they should be imposed.
Bloomberg says the entry into force of surcharges for cars imported from Europe was scheduled for later this month.