German Press: EU mulling retaliatory tariffs in reaction to potential US auto tariffs

Dhwani Mehta FXStreet

The German magazine, Wirtschaftswoche, carried a report on Thursday, citing that the European Union (EU) is considering retaliatory tariffs in reaction to the potential US auto tariffs.

Last Friday, it was reported that the US is mulling three car tariff options, including 10% levy, on the EU.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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