40 Countries Concerned About U.S. Auto Tariffs At WTO Meeting

According to Autonews,com, Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization about possible U.S. measures imposing additional duties on imported autos and parts. Over 40 WTO members, including the 28 countries of the EU warned on Tuesday that the U.S. action could seriously disrupt the world market and threaten the WTO system, given the importance of cars to world trade.