The US president says Europe carmakers can avoid tariffs on cars if they build more plants in the US.
US President Donald Trump says he will agree to zero-tariff levels on some trade with Europe but wouldn’t on autos without this concession.
His “end game” on the issue is that European carmakers will “build their plants in the United States and they have no tariffs.” But he added: “What poses a national security risk is our balance sheet,” apparently referring to the US trade deficit. “We have to have – we need a strong balance sheet. Otherwise you don’t have national security.”
On China, Trump said in the interview that talks are going well even amid signs that progress is slowing and said he plans to stay the course on other trade talks.
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