The American International Automobile Dealers Association (AIADA) today reacted to an announcement that the U.S. and the European Union reached an agreement to avoid the further escalation of trade tensions. President Donald Trump today met with European Commission President Jean-Claude Juncker and his top trade official Cecilia Malmström at the White House to address the trade issue, including automotive tariffs.
“AIADA is pleased to see positive discussions between President Trump and the EU surrounding our trade differences,” said AIADA President and CEO Cody Lusk. “As I’ve said in the past, no one wins a trade war. While the President did not address the ongoing auto 232 investigation, AIADA’s dealer members are optimistic that today’s agreement will lead to progress in resolving auto trade differences, and continue to promote the principles of trade that have made the American auto industry so successful.” Continue Reading