EU's Malmstrom: Threat of US auto tariffs remains
Comments by EU trade commissioner Cecilia Malmstrom
- Will "take stock" with Lighthizer on the matter
- Says that EU would retaliate against US car tariffs
- US still shows little interest in striking a deal
Even though Democrats have won back the House, it's not going to change anything on the trade front and this issue here is no exception. Expect this to be a more of a major issue come next year, especially with the German economy facing a slowdown already.