Donald Trump met Tuesday with executives of Germany’s three top auto manufacturers, amid efforts by Washington and Brussels to resolve the US president’s complaints about imbalanced trade in the sector. After the talks, the executives sounded optimistic about averting Trump’s threat to impose tariffs on auto imports. The White House said Trump had encouraged the automakers to produce more in the United States, where they are already significant manufacturers. In July, Washington and Brussels announced a truce in their tit-for-tat tariff battle after Trump threatened to impose duties on European auto imports, citing national security. Trump was not initially scheduled to join the meeting with the German executives but press secretary Sarah Sanders announced there would be a “brief meeting” with Diess, Zetsche of Daimler and Nicolas Peter of BMW.

Source: Egypt Independent December 05, 2018 09:00 UTC