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German car makers step up their efforts to avoid tariffs – Reuters

Earlier today, Reuters reported that the heads of BMW, Volkswagen, and Daimler met with the U.S. ambassador to Germany in Berlin on Wednesday in an attempt to voice their support for zero tariffs.

Citing German newspaper Handelsblatt, Reuters wrote that the U.S. ambassador told German car bosses that President Donald Trump would suspend threats to impose tariffs on cars imported from the European Union if the bloc lifted duties on U.S. cars, a German newspaper reported on Wednesday.

“A spokeswoman for the German Economy Ministry also declined to comment on the report, saying issues related to the trade dispute with the United States were being handled by the European Commission in Brussels on behalf of EU member states,” Reuters concluded.

 

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