German Chancellor Angela Merkel on Wednesday warned US President Donald Trump against unleashing an all-out trade war after he threatened to impose steep tariffs on cars from the European Union. Both sides were already locked in a “trade conflict” since Trump’s decision to slap punitive tariffs on steel and aluminium imports, said Merkel, adding that “it is worthwhile to prevent this conflict from becoming a real war”. Trump on Sunday charged that Europe is “possibly as bad as China” on trade, as he reiterated that he is mulling import taxes of 20 per cent on EU cars. The EU has slapped tariffs on iconic US products including bourbon, jeans and Harley—Davidson motorcycles, as a symbolic tit-for-tat response to the metals duties.
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