The EU will offer to cut tariffs on US car imports as part of a deal to avoid a trade war with Donald Trump, according to a senior lawmaker.
Bernd Lange, who heads the trade committee in the European parliament and is familiar with talks on how to de-escalate tensions with the White House, told the Financial Times the bloc was willing to lower its 10 per cent import tax closer to the 2.5 per cent charged by the US.
“We can try to have a deal before escalating costs and tariffs,” Lange said. The bloc would offer to buy more liquefied natural gas and military equipment from the US, “plus also look to lower tariffs for cars”, he added.
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