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German automakers willing to drop all tariffs with U.S., report says

Merkel with Trump at this month's G-7 summit in Charlevoix, Quebec, Canada. Trump's tariffs on steel and aluminum tariffs sparked tension at the meeting. (Reuters)
MB
By:
Melissa Burden mburden@crain.com
June 20, 2018 05:00 AM

German automakers are willing to abandon car tariffs between the European Union and the U.S. in exchange for President Donald Trump dropping a 25 percent border tax threat on European auto imports, according to The Wall Street Journal.

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