Let The Tariff Wars Begin Again!
Update: On Saturday July 12th, the Trump administration sent letters to Mexico and the EU stating that a tariff level of 30% would be levied on their exports to the US from August 1st. This would be devastating for German car exports to the US, as they would be subject to a 55% (30% plus the car specific 25%) tariff rate. For South Korean and Japanese c…
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