Coordinated Assault on Trump’s Auto Tariffs May Not Be That Coordinated — Panjiva


Coordinated Assault on Trump’s Auto Tariffs May Not Be That Coordinated

Canada 338 Cons. Discr. - Autos 664 European Union 407 Japan 382 Mexico 506 South Korea 384 Tariffs 1175 U.S. 3310

Trade ministers from four countries and the EU have agreed to a coordinated reaction to America’s section 232 review of the automotive industry should duties arrive. The precise nature of the retaliation has yet to be determined – a WTO reference and duties are likely – but should prove effective given the five together accounted for 94% of America’s $184 billion of imports of cars and parts in the past 12 months. However with the EU having agreed a tariff standstill with the U.S. after the recent meeting of President Trump and President Juncker the degree of coordination in ...

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