# Germany says it hopes the EU and United States can negotiate an agreement on US auto tariffs but the bloc was ready to retaliate. US President Donald Trump this week announced 25-percent US duties on foreign-made cars, light trucks and vehicle parts, sparking criticism from world powers and sending stock markets into a tailspin. The levies are due to take effect Thursday next week but Germany, the eurozone’s biggest economy and a major car manufacturer and exporter, noted that the European Union was seeking “intensive dialogue” with the United States.
Germany hopes for agreement on US tariffs, but is also ready to retaliate