June 1, 2018 / 7:58 AM / 17 days ago

Volkswagen concerned by U.S. steel and aluminum tariffs, urges dialogue

HAMBURG (Reuters) - Volkswagen (VOWG_p.DE) expressed “regret and concern” on Friday over the imposition by the United States of tariffs on imports of steel and aluminum from the European Union, urging a return to dialogue on a transatlantic trade deal.

FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst/File Photo

“We fear that this could mark the start of a negative development of measures and counter-measures from which no-one will emerge as the winner,” the German carmaker said in a statement.

“Volkswagen would greatly welcome a resumption of talks on a transatlantic trade agreement between the USA and EU that would reduce bilateral trade barriers.”

    Reporting by Jan Schwartz; Writing by Douglas Busvine; Editing by Christoph Steitz

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below