European Union (EU) Trade Commissioner Cecilia Malmstrom is on the wires now, via Reuters, expressing her concerns on the US cars tariffs while delivering a speech in Brussels. Key Points: US tariffs on cars would be ‘disastrous’. Dividing the US and EU will only serve to weaken both powers. The removal of car tariffs with the US could only be done as part of the broader trade deal. The aim of Juncker’s visit is to de-escalate tensions. And also to see if a forum is needed to discuss trade issues. Never encountered sentiment that EU is a foe. EU is preparing list of countermeasures in case US imposes tariffs on EU cars. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD hammered down mid-0.7300s, closer to over 2-week lows FX Street 5 years European Union (EU) Trade Commissioner Cecilia Malmstrom is on the wires now, via Reuters, expressing her concerns on the US cars tariffs while delivering a speech in Brussels. Key Points: US tariffs on cars would be 'disastrous'. Dividing the US and EU will only serve to weaken both powers. The removal of car tariffs with the US could only be done as part of the broader trade deal. The aim of Juncker's visit is to de-escalate tensions. And also to see if a forum is needed to discuss trade issues. Never encountered sentiment that EU is a foe. EU is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.