representatives of the U.S. car industry on Friday at a hearing of the US trade Robert Lighthizer for a trade agreement with the EU officer greatly used. “A trade agreement would be a unique opportunity to eliminate barriers,” said Jennifer Thomas of the Alliance of Automobile Manufacturers, which represents twelve large manufacturers, including the US branch of European brands such as BMW, Volkswagen or Mercedes-Benz.
The car representatives stated that the already imposed punitive tariffs on steel and aluminum harm the U.S. auto industry. The purchase prices for steel in the domestic US to be part of fallen by 30 percent. Additional duties on cars would have to be avoided at all costs. A justification for a threat to National security through the transatlantic car trade.
The lobbyists made the importance of a harmonisation of the technical regulation of the cars. The adjustment may devour millions of dollars a year, said Charles Uthus of the American Automotive Policy Council.
In the sense of the EU
U.S. President Donald Trump, the EU countries, as well as many other countries covered in the world, with import duties on steel and aluminium products. Now duties on car threatening imports into the United States in the amount of 25 percent. Among other things, the German car maker will try to fight back, however, and Trump have offered in return for investment in the United States.
A trade agreement between Europe and the USA, products for industry in the sense of EU – EU trade Commissioner Cecilia Malmström wants to push the negotiations forward. Other U.S. industries, such as agriculture, but would also like to be part of such an agreement. The EU to open talks for agricultural products, according to the experience in the now stalled negotiations on the TTIP first of all, unlikely.
According to the Alliance of Automotive Manufacturers, the U.S. automotive industry, a contribution in the amount of 953 billion dollars annually to the gross domestic product. In the past year, 950 000 cars from the USA were exported. Car manufacturers, including many foreign ones from Europe and Japan, have invested 82 billion dollars in the United States. 60 percent of their products for Export, including to China. (sda)
Created: 15.12.2018, 03:09 PM
