Trumps Tariff Threats On Autos Were Stoking Fears Of A German Recession

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The WTO ruling sets a high threshold for invoking the security clause. But the same definition raises serious questions about whether Trumps tariffs meet such criteria China and others. Washington argued that national security claims are non justiciable. He cautioned that the practical effect on Trumps tariffs could be limited. EU leaders have now agreed to negotiate fresh trade arrangements with Washington but have restricted the talks to industrial goods only. That scope of debate is likely to irk President Donald Trump who is under pressure from Congress to win access to EU agriculture markets. talks with the bloc cant produce a new deal. In a research report Friday analysts at Commerzbank said the chances of a trade deal that satisfied both European leaders and U. It noted that France had already erected a serious barrier. One of his first moves was to put heavy new duties on imported washing machines starting at 20 percent

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