Germany and France say that Europe should answer the default prices of the default

The President Trump President Taxes in the firemen cars launched by a sharp response on Thursday from Germany and France, European nights to harm the United States and Europe.

Mr. Trump announced on Wednesday that he would invest 25 percent tax rates in the car vehicles were sent to the United States, putting pressure on the world’s highest marketing games worldwide. Taxes, they are constantly, will start working on April 3.

President Emmanuel Macror from France said on Thursday to tell Mr. Trump the day before tax prices “not a good idea.” France worked with the European Commission ‘in Riposte,’ the purpose of what would be “getting a contracting agreement” and receiving the President of the US “

In Germany, his main carback field in the United States and is facing beaten, Economic Minister Robert Harbeck, said EU provides a deciping response to taxes. “He added:” It should be clear that we will not go back. “

The US market is important for German huge sellers, including BMW, Mercedes-Benz and Volkswagen. It creates German automakers to be a target of your purpose. Trump.

Both Mr Habech and Macron warned that tax prices will strike up growing and give chains on both sides of Atlantic and the US finance pressures. Mr Macron added that US stock market also sent a clear sign that “is not a good economic policy.”

The announcements of “German cargo, in the German economy, but also the US,” said Mr.

Mr. Declaration of Italian Luxury Carmaker Ferraker and Swedish manufacturer Volva Caught, Caught, which includes European Auto components and modern pirelle manufacturers.

The Carma Carmaker BMW said in a statement on Thursday that trading war “would not have the benefits,” and called the European Union and the United States

The BMW, Mercedes-Benz and Volkswagen vehicles formed 73% exported from the United States Union in the United States, according to the report from Jato Dynamics, the research company.

Mexico is the largest world of the origin of cars made by Volkswagen, said the largest car producer in Europe, Jato said in the report. But the European Union is the largest of the origin of Mercedes-Benz’s cars sold in the United States.

The hope of drawn tradition was to have extensive consequences. “The effects of this movement is clearly damaging, and it may cause additional innovations and innovative deeds involved in the affected nations,” Analysts in Berstein say it is written to customers.

Sellers have the option of receiving tax cost or transferred to consumers, commentary comment. Prices may increase up to $ 12,000 per car, and “inflation that can cause Trump management to plan down,” wrote.

The Porsche, the unit of Volkswagen, introduces all its vehicles for sale in the United States and will be more sensitive to the tax rates, which attack in the Barclays say that it is announced.

But tax rates can have little effect on the bottom line of the luxury product such as Ferrari, which makes all their cars at the factory in Maranello, Italy. Automaker said on Thursday to suggest a price of certain models up to ten percent to correct tax costs.

Mr Trump’s prices hit the European Auto industry during the process of a change and increase in international competitions, said European manufacturer in a statement.

“European cars have invested in US for decades, creating jobs in local communities, and produced a large US tax revenue,” said Grade Director, Sgrid de Vries. “We encourage President Trump to consider the negative impact of tax prices not only in international automours in the US in the home.”

Hildegard Müller, President of the Germany Lobbby Group VDA, is called tax rates “rules sign of laws.”

Taxes “show a lot of responsibility for both companies and global supply chains in the automotive industry – with the side effects of the fans in particular,” said Müller in a statement.

“The world of the world’s trading, and the side effects of the country and growth, prosperity, functions and consumer purchases, is very high.

Melissa Eddy reported reported.