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Dispute on U.S. auto tariffs : the Juncker Trump threatens with Boycott

EU Commission President Jean-Claude Juncker does not expect US President Donald Trump rises in the near term punitive duties on European cars. "Trump has given me his word that there is no car duties. I think this commitment for resilient“, said the outgoing head of the European Commission to the daily mirror. Juncker made clear that the EU will decide on counter-measures, if Trump picks but the means of penal customs duties. "It is clear, he should break his word, we will buy ourselves to our Commitments, the more U.S. soy, and liquefied petroleum gas, also not bound to feel," said Juncker, adding: "I would regret that very much."

Also, the Federal government reiterated on Monday its intention, in the conflict not to give in. They wanted to now wait and see how Trump to decide a government spokesman said. The US Department of Commerce had passed over the weekend, a report on the threat to national security by Auto-imports to Trump. The Republicans now has 90 days to decide on this Basis whether he imposed tariffs of up to 25 percent on car imports.

According to media reports, the Ministry of Commerce to come to the conclusion that the Import of cars from the EU are likely to threaten the national security of the United States. In addition, Statements Trumps nurture the expectation that he will decide against the EU. "I love criminal duties," he said a few days ago.

Actually, the US President, has agreed to waive additional car duties first, and to negotiate instead with the EU on the dismantling of trade barriers. The special charges were mainly German manufacturers such as BMW, Daimler and Volkswagen hard. In the past year, exported BMW, Daimler, Volkswagen and other German manufacturers a total of a total of 470,000 Cars to the United States.

the President of The German industry Association BDI, Dieter Kempf, said that the trade in cars does not constitute a danger to the United States. "Trump is required to adhere to the applicable commercial law. He should refrain from the imposition of duties or quotas.“ The U.S. auto industry has spoken out against special duties. You should drive the car prices by several thousand dollars after the top, and hundreds of thousands of jobs in the United States cost, because there is then less investment. "Not a single company in the domestic auto industry has asked for this investigation."

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U.S. Department of the EU cars are a threat to the security of the United States?

the financial markets of The dispute for months drives. Because an escalation is feared, withdrawing investor to the week's kick-off of shares. BMW, Daimler and VW were on the Frankfurt stock exchange the biggest losers with a decline of 1.3 per cent. The Munich-based Ifo-Institute had warned that the German car-could break in exports to the United States in the long term, by almost half, should request the United States permanently charges in the amount of 25 percent. (Reuters)

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