4 ms·
I'd assume that's bullshit for "many countries" and here's a comment from the EU calling it specifically bullshit in regards to them: https://ec.europa.eu/comm
by ZeroGravitas 2y ago
I'd assume that's bullshit for "many countries" and here's a comment from the EU calling it specifically bullshit in regards to them:
https://ec.europa.eu/commission/presscorner/detail/en/qanda_25_541 https://ec.europa.eu/commission/presscorner/detail/en/qanda_...
> Doesn't the US have a point about an asymmetry in tariffs, such as the EU's 10% tariff on cars compared to the US's 2.5% tariff?
> Tariff structures vary between economies, with some EU tariffs higher than those of the US and many others lower. Both the EU and the US have equally low tariffs overall.
> While the EU applies a 10% Most Favored Nation (MFN) tariff on cars, it's important to note that the US imposes a 25% tariff on pickup trucks—the largest segment of the US auto market, accounting for about one-third of all vehicle sales. In fact, the best-selling vehicle in the US is a pickup truck, the Ford F-150.
> The EU remains open to balanced negotiations that foster a level playing field for both sides.