- The Trump administration extended steel and aluminum tariff exemptions to US allies on Tuesday by 30 days.
- But some experts are stressing that tensions could still escalate.
- The German auto industry could be among the biggest losers in that situation.
ADVERTISEMENT
The German auto industry could be the biggest loser in a US-EU trade war
Some experts warn a trade conflict between the US and Europe could escalate — and hurt the German car industry.
Analysts
The president has repeatedly taken aim at Europe's biggest auto exporter.
He aired similar grievances in a closed-door meeting with German Chancellor Angela Merkel last week, CNN reports, citing people familiar with the conversation.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT