U.S. President Donald Trump has promised European Commission President Jean-Claude Juncker that he will not impose additional import tariffs on European cars for the time being, Juncker was quoted in a published interview as saying on Monday.
"Trump gave me his word that there won't be any car tariffs for the time being. I view this commitment as something you can rely on," Juncker told the German daily Stuttgarter Zeitung in an interview.
If Trump imposed tariffs on European cars nonetheless, the EU would react immediately and not feel obliged to stick to its promise to buy more soybeans and liquefied gas from the United States, Juncker added.
The European Union wants to improve trade relations with the United States, but will react swiftly if U.S. President Donald Trump decides to hit EU car imports with tariffs, the European Commission said on Monday.
"The European Union will stick to its word as long as the U.S. does the same," Commission spokesman Margaritis Schinas told a news conference.
"The European Commission is aware of the conclusion of an investigation by the U.S. Department of Commerce on whether car imports represent a threat to U.S. national security. Where this report translates into actions detrimental to European exports, the European Commission would react in a swift and adequate manner," he said.