the european and us car industries have both made perfectly clear they do not want to see a 25 percent tariff imposed davos european trade commissioner cecilia malmstrom said on thursday she was confident that the united states would not follow through on its threat to slap tariffs on european cars but added that the eu was ready to respond if it did us president donald trump has threatened to impose tariffs on cars from around the world as he did with aluminium and steel last march but european commission president jeanclaude juncker negotiated a ceasefire agreement last july malmstrom speaking at a panel event at the world economic forum in davos said the trumpjuncker agreement which delayed the tariffs while trade talks took place had tried to find common ground advt were advancing we have made some very important progress there and theres a process that is positive i think and it said also that we would not impose tariffs on each other malmstrom said if that is violated by the us we will have to respond i dont want to do that but we will have to do that but we are confident that we will not be taxed on this the european and us car industries have both made perfectly clear they do not want to see a 25 percent tariff imposed and such a trade barrier would be bad for both economies malmstrom said the legal form of the section 232 tariffs invoked by trump would imply that the eu was a national security threat to the united states she said we can never accept that we are friends and allies and we are not a national security threat so we hope that this will not happen she said reuters published on jan 25 2019 at 1048 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app eu trade barrier aluminium european cars international auto traiff homenewsindustrydavos eus malmstrom confident us auto tariffs wont materialise