German automakers are proposing an end to the E.U.’s 10% import tax on U.S. cars
Share

German automakers are proposing an end to the E.U.’s 10% import tax on U.S. cars

The Wall Street Journal reported that Richard Grenell, the U.S. ambassador to Germany, has been in talks recently with the chief executives of German carmakers BMW, Volkswagen and Daimler, where they pitched the idea of ending car tariffs between the U.S. and the EU. During these talks, the executives said they would be in favor of scrapping these levies as part of a broader deal encompassing industrial goods, the Journal said.
00:38
Wed, Jun 20 201810:07 AM EDT