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‘Cars Is Big One’: Trump, Kudlow Pretty Sure Jean-Claude Juncker Will Wave White Flag In Washington Next Week
Why anyone puts any stock in what Donald Trump says is anyone's guess.
Obviously, we're all obligated to pay attention to his daily foreign policy ramblings and various rants about domestic political developments because after all, he is the President, and that means what he says matters. And indeed that's one of the great ironies of this presidency - Trump is a notorious narcissist which by definition means he thinks everything he says is important, but his blatant disregard for decorum betray
Great deal. EU lowers auto tariffs to match USAs 2%, and USA lowers its 25% tariff on pickups and trucks to the same level. Seeing as Americans don’t buy that many American brand cars (8 out of the top 10 by sales units are foreign brands and only Lincoln is in the top 10 of luxury cars)’ I can’t see the EU suddenly falling over themselves to buy US branded models. If you consider that US pickups and trucks have virtually no competition (due to the high tariff) yet provide the most profitable models for US auto manufacturers, the US auto industry might not be that excited. It appears that the EU have a stronger hand than Trump.