What? That was it? No more trade war hysteria? Just when it was starting to get interesting? What Luschen (duds).
The Wall Street Journal reported that Richard Grenell, the U.S. ambassador to Germany, has been in talks recently with the chief executives of German car makers BMW, Volkswagen and Daimler, where they pitched the idea of ending car tariffs between the U.S. and the EU.
During these talks, the executives said they would be in favor of scrapping these levies as part of a broader deal encompassing industrial goods, the Journal said.
“Germany has the right approach to resolving this trade disagreement among friends.”