FREE TRADE


“The EU currently imposes a 10% tariff on US-made cars, while the US tariff on EU-made cars is 2.5%, but the US also imposes a 25% tariff on imported pickup trucks.” Before the Chicken Tax, there was the Chicken War. This so-called war kicked off in 1962, when what was then the European Economic Community opted to increase levies on imported U.S. poultry”.

While there is no completely free trade anywhere some would argue that it is freer! The question for Trump is he expecting the EU to reduce auto tariffs on American cars to at least 2.5% while Trump is eliminating the 25% tariffs on EU made light trucks if the EU allows tariff free imports of American chicken?

And that is all I’m going to say about that!

Photo by Ellie Burgin on Pexels.com

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