On Monday 2 July, the EU again warned the USA about the disastrous consequences of a possible tariff increase on car imports, and it criticised the lack of legitimacy and foundation of the ongoing US investigation.
As with the US tariffs on steel and aluminium, the investigation, launched by the US administration at the end of May under Section 232 of the 1962 US Trade Expansion Act into imports of automobiles (including cars, SUVs, mini-vans, vans and light lorries) and spare parts in...