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EU Commission preparing 'well calibrated' retaliation to US tariffs

  • The European automotive manufacturers are deeply concerned by U.S. President Donald Trump's new tariffs, which include a 25% duty on foreign-made cars and light trucks, negatively impacting consumers and U.S. Manufacturers producing cars for export markets.
  • The American trade body, ACEA, stated that European manufacturers export 50% to 60% of the vehicles made in the U.S., contributing positively to the U.S. Trade balance.
  • EU officials reported that Washington warned that no trade negotiations will occur until after more tariffs are imposed, which could reach 25%.
  • The European Commission is preparing counter-measures against up to $28 billion of U.S. Imports, following Trump's metals tariffs.
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lavozdemichoacan.com.mx broke the news in on Wednesday, March 26, 2025.
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