EU plans to lower tariffs on US cars

German Chancellor Angela Merkel said on Thursday she would back lowering European Union tariffs on US car imports, responding to an offer from Washington to abandon threatened levies on European cars in return for concessions. However, she added EU tariff negotiations required a “common European position and we are still working on it”. US President Donald Trump threatened last month to impose a tariff of 20 percent on imports of all EU-assembled vehicles, part of a tough line on trade that has raised tensions across the world.