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> Currently, vehicles shipped from Europe to the US face a low 2.5% tariff. Meanwhile, cars built in America face a 10% tariff when they're shipped to the Europ
by coolspot 7y ago
> Currently, vehicles shipped from Europe to the US face a low 2.5% tariff. Meanwhile, cars built in America face a 10% tariff when they're shipped to the European Union.
https://money.cnn.com/2018/05/24/news/car-auto-tariffs-us-germany-japan-toyota-volkswagen/index.html https://money.cnn.com/2018/05/24/news/car-auto-tariffs-us-ge...
- AstralStorm 7y agoMost of this tax is bypassed by exporting cars as parts and assembly in EU though, for American brands...
- panpanna 7y agoIs that allowed by EU? US have several laws to protect against just that.