President Donald Trump’s threat to impose new tariffs on automotive imports from the European Union appears to have borne fruit: Brussels is planning to start an international dialogue to cut tariffs between the world’s leading car exporters, which would have the effect of reducing the barriers to importing U.S. vehicles into Europe.
EU officials are exploring the idea of a tariff-cutting deal ahead of a meeting between Jean-Claude Juncker, president of the European Commission, and President Donald Trump in Washington in July, according to a Financial Times article.
