19.02.2019 | Europe prepares risky counter-attack in US car war as Atlantic alliance falls apart
Source - The Telegraph
Germany has reacted with shock and mounting anger to threats of exorbitant car tariffs by the Trump administration, a move seen as a targeted attack on the country’s crown jewels.
In Brussels, the European Commission said it would “react in a swift and adequate manner” to any escalation by the White House after the US commerce department cleared the way for car sanctions on national security grounds.
Brussels has drawn up plans for first phase retaliation against ?20bn (£18bn) of US goods, targeting regions seen as crucial to Mr Trump’s re-election but also taking direct aim at Tesla.
Leading figures in Berlin have called for proportional retaliation if President Donald Trump goes ahead.
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