Trump says finishing US study on tariffs on cars from EU

GETTYMr Trump slammed Germany's automotive trade surplus with the US

Trump posted his threat on Twitter the day European Union reprisals took effect against USA tariffs on European steel and aluminum.

"If they decide to raise their import tariffs, we'll have no choice, again, but to react", said European Union commissioner Jyrki Katainen during an interview with French newspaper Le Monde as reported by Reuters.

Trump's tweet comes days after he threatened to impose a 20 percent tariff on all European cars entering the U.S.

President TrumpDonald John TrumpGOP lawmakers preparing to vote on bill allowing migrant children to be detained longer than 20 days: report Wasserman Schultz: Infants separated from their parents are in Florida immigrant shelters Ex-White House ethics chief: Sarah Sanders tweet violates ethics laws MORE on Sunday warned other countries that the US would retaliate if they placed trade barriers and tariffs on USA exports.

Salman Khan’s Race 3 Box Office Collections Surpasses Avengers
Before the release, Race 3 was expected to be the record breaker at the box office, courtesy Salman Khan's stardom and Race franchise.

"We don't want to fight (over trade) in public via Twitter". We don't want an escalation, but we are the ones being attacked.

On Saturday, a senior European Commission official said the EU would respond to any US move to raise tariffs on cars made in the bloc.

The U.S. Commerce Department has a deadline of February 2019 to investigate whether imports of automobiles and auto parts pose a risk to U.S. national security.

U.S. Chamber of Commerce senior Vice President John Murphy was cited by the Associated Press as saying he estimates that $75 billion in U.S. products could be subjected to new foreign tariffs by the end of the first week of July.

Bentley Bentayga claims 2018 Pikes Peak record
Although the twin-turbo W12 engine was unchanged from stock, there were a few minor tweaks to the record-breaking vehicle . The steering wheel and gearlever are also trimmed in Alcantara, while the headlining is made with Eliade cloth.

In the years before he became president of the United States, Donald Trump owned luxury German cars.

At the conclusion of a meeting of the world's leading economies last month, Trump told reporters that he had pressed for fair and reciprocal trade practices.

"If the United States hits us again with a 20 percent increase on cars we will respond again". A group representing major USA and foreign automakers has said it was "confident that vehicle imports do not pose a national security risk". It accounts for 5 percent of Volkswagen's VW brand sales and 12 percent of its Audi brand sales.

USA stocks join global selloff on trade war worries
The S&P index recorded five new 52-week highs and 11 new lows, while the Nasdaq recorded 26 new highs and 26 new lows. Either way, broad categories of stocks are suffering today, with the tech sector being hit especially hard.

Related News:

  • Turkey's Erdogan fetes poll triumph, opposition concedes defeat

    Turkey's Erdogan fetes poll triumph, opposition concedes defeat

    Foreign-exchange reserves are dwindling, and investors worry that the president wields outsize influence over the Central Bank. The vote ushers in the powerful executive presidency backed by a narrow majority in a 2017 referendum .
    Donald Trump Slams Harley On Talks Of Moving U.S Production Base

    Donald Trump Slams Harley On Talks Of Moving U.S Production Base

    Lovely said Harley and other companies face retaliatory tariffs in Europe and elsewhere if they try to export products. In January, it said it would consolidate its Kansas City, Missouri, plant into its York, Pennsylvania, facility.
    Nikola Jokic, Nuggets Plan On Signing Five-Year, $146.5M Max Contract

    Nikola Jokic, Nuggets Plan On Signing Five-Year, $146.5M Max Contract

    Both the franchise and Jokic's representatives have worked through discussions on his future in recent weeks, league sources said. In his third National Basketball Association season, Jokic averaged 18.5 points, 10.7 rebounds, 6.1 assists with a PER of 24.4.
  • Twitter erupts as Portugal draw against Iran

    Twitter erupts as Portugal draw against Iran

    One of them said "we hope those people will be forgiven for the mistake they made". The likes of Luis Suarez will be rearing to take on Ronaldo and his men.

    Jimmy Fallon Smacks Back At Donald Trump In ‘Tonight Show’ Monologue

    However, his backing of the Republican took a backseat for much of his 45-minute speech. Both Colbert and Kimmel have both been highly critical of the current president.
    Prince William watches England thrash Panama in replay

    Prince William watches England thrash Panama in replay

    The Jordanian crown prince recorded it for him, and the two watched it later Sunday on a huge TV screen at Hussein's residence. The comments came as Syrian government forces advanced in southern Syria, near Jordan's border, leading to more displacement.
  • LeBron James Expected To Make 2018 Decision Earlier Than 2010, 2014

    LeBron James Expected To Make 2018 Decision Earlier Than 2010, 2014

    The inclusion of the Wizards is just as puzzling as there hasn't been any talk of them being in the picture as a landing spot. When he became a free agent in 2014, LeBron met with only the Heat and Cavs owner Dan Gilbert in person.
    GTA Online Nightclub update coming next month, trailer revealed

    GTA Online Nightclub update coming next month, trailer revealed

    GTA Online has a upcoming nightlife expansion that will let players manage, staff, and arrange music for their personal clubs. However, it looks like we'll be getting at least one more major update for Grand Theft Auto V before we saddle up in October.
    76ers' Simmons named Rookie of the Year

    76ers' Simmons named Rookie of the Year

    All three players were named to the All-Rookie first team along with Kyle Kuzma of the Lakers and Lauri Markkanen of the Bulls. The NBA will be hosting its annual awards show at Barker Hangar in Santa Monica, California, on Monday night (June 25). "Wow.
  • Aussie named NBA Rookie of the Year

    Aussie named NBA Rookie of the Year

    The Celtics' season ended when the Cleveland Cavaliers downed them in seven games during the Eastern Conference Finals. Simmons was a nightly triple-double threat, averaging 15.8 points, 8.2 assists and 8.1 rebounds per game.
    U.S. Open will factor maternity leave into seedings

    U.S. Open will factor maternity leave into seedings

    The 36-year-old was beaten by Venus at Indian Wells in March and suffered a dismal first-round exit against Naomi Osaka in Miami. The committee will meet Tuesday to decide.
    Mauresmo to lead France's Davis Cup team

    Mauresmo to lead France's Davis Cup team

    During her playing career, she won two Grand Slam titles - the Australian Open and Wimbledon, both in 2006. FFT president Bernard Giudicelli described the decision as "completely innovative".


Most liked

How both Spain and Portugal narrowly avoided elimination from the World Cup
And Monday's group stage finale against Morocco was just as tense as everything that came before. Group B came down to injury time, and VAR came into play in both matches.

How to download the iOS 12 public beta right now
Those predictions are based on previous Apple release history and trying to predict future behavior based on historical patterns. For Apple users willing to try the beta, it's good idea to back up your device on iTunes before installing the software.

"Game of Thrones" Stars Kit Harington, Rose Leslie Married
Not surprisingly, several of the couple's Game of Thrones co-stars showed up to attend the ceremony. They announced their engagement in September previous year in London.

Jimmy Fallon and Donald Trump continue back and forth
In a recent interview with The Hollywood Reporter , the host explained that he wasn't trying to "normalize" Trump . A new poll found that 58 percent of Americans think President Trump is intelligent.

Lakers script for Paul George recruitment video leaks
The NBA free agency frenzy starts on July 1 and teams are gearing up to pitch several high profile free agents. Of course, George grew up in Palmdale, Calif. and played his college ball at Fresno State.

Jimmy Fallon, Donald Trump Feud - Watch Response On Tonight Show
In an unusual turn of events, Jimmy Fallon had a lot of thoughts about President Trump during "The Tonight Show " on Monday. Fallon also said that he is one of the "good guys", and looking back on it, he would have done the interview differently.

Did Tom Holland accidentally reveal title of next Spider-Man movie?
Barring some unforeseen change of heart, Jake Gyllenhaal has been cast as Peter Parker's new nemesis ahead of Spider-Man: Far From Home .

Priyanka Chopra and Nick Jonas’ relationship now official
In another photo shared by one of Nick's fan pages, Priyanka is seen enjoying lunch with Nick, Parineeti and a few other friends . Priyanka, 35, recently accompanied Nick to his cousin's wedding in New Jersey where she spent enough time with Nick's family.

Diego Maradona: Lionel Messi's not to blame for anything
Croatia are through to the next round regardless of how their match against Iceland at 6am on Wednesday goes. The Argentines would survive with a win and an Iceland loss or draw.

Who's in, who's out and who can still go through
All sorts of outcomes are possible here with Croatia, on six points, through but the other three teams still in the hunt. The results saw both teams finish level on five points, but with Spain finishing top by virtue of goals scored.

Harley-Davidson will not raise prices to cover tariff costs
All three say they will be forced to close their plants unless they can get relief from the Trump administration's steel tariffs . Harley-Davidson opened plants in India and Brazil in recent years and is opening another in Thailand this year.

Google Adds Security Metadata To Apps; Allows Peer-To-Peer Sharing
The app has rolled out to everyone and Google has been adding features to make it more worthwhile ever since. This new security metadata will only work through Google's own Play-approved distribution channels.

Argentina star is desperate and frustrated says Mascherano
Reports suggest Argentina's players are taking player power to a new level at the 2018 World Cup following two sub par performances.

FIFA WC: England eclipsed Panama 6-1
England were ready and rarely gave up possession despite being in a physical tangle with the Panama defenders. England completed 25 passes in the buildup, the most in any World Cup match since 1966, according to Opta.

Evangeline Lilly calls out male Marvel actors for complaining about their suits
Since the next two movies after "Ant-Man and the Wasp" are " Captain Marvel " and " Avengers 4 ", fans are looking for major hints.