July 2, 2018

The EU has warned Washington that a threat to slap Europe with major auto tariffs could inflict serious damage to the US economy and would prompt strong retaliation.

The admonishment, written in a letter to US authorities dated Friday, came as US President Donald Trump said Europe is "possibly as bad as China" on trade in one of his biggest provocations to his country's longtime transatlantic allies.

Trump's taunt was the latest salvo in an escalating trade war that saw the EU slap duties on US-made jeans and Harley Davidson motorcycles in a tit-for-tat response to US tariffs on European steel and aluminium exports.

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http://www.france24.com/en/20180702-europe-strikes-back-trump-tariffs-global-trade-war-escalates