The European Union will respond if Washington fulfills its threat of raising car tariffs.
During her first official visit to Washington, the European Commission’s Director General for Trade, Sabine Weyand, stressed the interest to avoid raising tariffs on cars, airplanes and other goods.
But she said that Brussels will not succumb to the threats of sanctions, which he considers illegal under WTO rules.
“Naturally, friends sometimes disagree with each other, but this is something else. There are real threats elsewhere, but we find ourselves in a series of clashes that slow down growth. We have to overcome this,” she said.
Sabine Weyandnoted that if Washington fulfills the threat of raising tariffs for cars up to 25%, Brussels will respond with its own tariffs, which will lead to a “loss” of the situation for all participants.