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EU to offer to reduce tariffs on U.S. cars, FT reports

EU to offer to reduce tariffs on U.S. cars, FT reports

The European Union plans to offer to reduce tariffs on U.S. car imports as part of a deal to avert a trade war with U.S. President Donald Trump, the Financial Times reports, citing a senior lawmaker. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).

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