European Union delivers stark warning to United States over auto tariffs

The documents submitted to the Commerce Department also said that tariffs on cars and vehicle parts could undermine auto production in the United States by creating higher costs for US manufacturers.

Speaking to host Maria Bartiromo on Sunday Morning Futures, Trump said this when asked if he'd consider working with USA allies to combat China's trade policies: "The European Union is possibly as bad as China, just smaller".

"The European Union is possibly as bad as China, just smaller", President Trump replied to Bartiromo.

Tom Donohue, President of US chamber of Commerce, gestures during an interview with Reuters in Mexico City, Mexico April 23, 2017.

Along with the tariff threats, the European Commission is also believed to have warned Trump that his behaviour could "result in yet another disregard of global law" by the United States and said that any auto tariffs would "damage further the reputation" of the country.

The U.S. Chamber of Commerce, usually a staunch ally of the Republican party, is launching a campaign against President Donald Trump's recent trade tariff policies, Reuters reported Monday.

About $75 billion of US exports have been subjected to retaliatory tariffs since Trump's administration began imposing them, stirring concern of a potential trade war.

The EU's letter reportedly said the bloc had not yet decided on countermeasures to any new auto tariffs but said it was "likely" to apply them to "a significant volume of trade" in the event Trump imposed such tariffs.

Chris Paul: Staying in Houston on max deal
Chris Paul has signed a $160 million deal for four years with the Houston Rockets , according to ESPN's Adrian Wojnarowski . The Houston Rockets believed if Chris Paul stayed healthy, they would have beat the Golden State Warriors .

According to the Reuters news agency, the US Chamber of Commerce declared that his efforts to counter trade imbalances would prove counterproductive as they would damage the spending power of businesses and consumers alike.

Officials in Brussels stressed that European car-makers account for up to 26-percent of US automotive output.

The president announced 25 percent import tariffs on hundreds of Chinese products to pressure the country to alter its practices.

The chamber found that USA exports will face billions of dollars in retaliatory tariffs.

The Caixin/Markit Manufacturing Purchasing Managers' Index fell slightly in June in China to 51 as new export orders dropped for the third month in a row.

Trump has attacked the legendary Harley-Davidson motorcycle company, warning "we won't forget" after the firm said it planned to shift some manufacturing offshore due to European Union tariffs.

Tariffs our government has placed on American goods are now in effect, in response to levies the Trump administration has placed on Canadian products.

Related Articles

  • George commits to sign deal to stay in OKC

    George commits to sign deal to stay in OKC

    They did it anyway, though, and now have both of their stars plus Steven Adams locked down for the next few seasons. Also he's been much more efficient with a year ago being a career high in field goal percentage (54%).
    Dell is going public again after five years as a private business

    Dell is going public again after five years as a private business

    Dell reported consolidated adjusted cash flow of $2.4 billion in its latest quarter, up by a third year-on-year. The transaction represents a premium of 28.9 percent to the closing price of Dell's tracking stock on Friday.
    Cleveland Cavaliers owner Dan Gilbert sends message of thanks to LeBron James

    Cleveland Cavaliers owner Dan Gilbert sends message of thanks to LeBron James

    So, you know, I don't really like to go back on that letter, but pops in my head a few times here, a few times there. The signing also means James will have to interact with the Ball family at some point in the next four years.
  • Roger Federer Leaves Nike for Uniqlo

    Roger Federer Leaves Nike for Uniqlo

    His most recent contract with Nike expired in March, and he had been rumored to be considering a switch. "They are my initials". Uniqlo's current athlete lineup includes Japanese tennis player Kei Nishikori and Australian golfer Adam Scott.

    American Mark Geiger to referee England-Colombia round-of-16 clash

    The Swiss have only lost one match in the past two years, with 15 wins and four draws during that stretch. When you have the chance in a long, hard tournament to rest players, you should do that.
    Smith bowled for 10 in Canada T20 match

    Smith bowled for 10 in Canada T20 match

    That's the great thing I look forward to is that I'm not here for me, I'm here for those guys and what can I do to help".
  • Amazon Prime Day to give Indian customers many firsts

    Amazon Prime Day to give Indian customers many firsts

    Amazon Music Unlimited - 4 months for $0.99 This is a fantastic deal as Amazon Music Unlimited is usually $11.99 a month. It gets you a whole range of benefits from early access to deals, Prime Video , free delivery and a whole lot more.

    Samsung phones are sending photos to random contacts without permission

    That's because posters to Reddit and the Samsung forums say Samsung Messages is malfunctioning. This can be done by going to Settings - Apps - Samsung Messages - Permissions - Storage .
    John Malkovich Joins Jude Law in HBO, Sky’s ‘The New Pope’

    John Malkovich Joins Jude Law in HBO, Sky’s ‘The New Pope’

    In the Vatican, however, the prevailing wisdom is the church's leaders have chosen a mysterious figure as their guiding force. This is now all we know about The New Pope , but it's more than enough for us.
  • Colombia vs England: Southgate eyes rare knockout win against Los Cafeteros

    We expect Colombia to dictate play for at least half the game, with England content to launch repeated and rapid counter-attacks. The 52-year-old added: "But I'm really happy that we received England instead of Belgium, because Belgium is a strong team".
    Akash Ambani and Shloka Mehta’s engagement: All the moments you missed

    Akash Ambani and Shloka Mehta’s engagement: All the moments you missed

    Taking to Instagram , Tendulkar shared a selfie with the Raees star with a quirky caption that read, " Jab SRK met SRT ". Sister Diya Mehta Jatia and sister-in-law Isha Ambani, too dressed up in the designers' ensembles for the function.
    Algeria warns Saudi Arabia, Russia against increasing oil output

    Algeria warns Saudi Arabia, Russia against increasing oil output

    It was previously unclear if the U.S. would penalize European nations that chose to remain in the Obama-era agreement. As a result of those sanctions, companies that do business with Iran could face penalties from the U.S.