Carmakers Seek to Offset Tariffs as EU-US Trade Talks Near End

Carmakers Seek to Offset Tariffs as EU-US Trade Talks Near End

Some European Union carmakers and capitals are pushing for an agreement with President Donald Trump that would allow for tariff relief in return for increasing investment in the US, according to people familiar with the matter.

EU Governments and Automakers Seek Tariff Reductions Through Increased U.S. Investment

According to BlockBeats, market reports indicate that some European Union governments and automotive companies are considering increasing their investments in the United States as a strategy to negotiate for tariff reductions. This approach reflects ongoing efforts to enhance economic ties and...