Car imports

The United States imports 25% of all European Union cars made in the EU and 30% of all Japanese cars made in Japan. Only a small number of cars made in America are exported to the EU or Japan and thus it would be a benefit to foreign car makers to eliminate the import taxes. BERLIN—Germany’s leading auto makers have thrown their support behind the abolition of all import tariffs for cars between the European Union and the U.S. in an effort to find a peaceful solution to the brewing trade war. That would mean scrapping the EU’s 10% tax on auto imports from the U.S. and other countries and the 2.5% duty on auto imports in the U.S.  The only American made cars selling in the European Union are small Ford models. The EU governments are opposed to this since they get all of the import tax money.