Speaking at the Geneva Motor Show in Switzerland, Sergio Marchionne said: "I'm suggesting that we stop playing tit-for-tat, that we get our blood pressure to go back down to normal (and) that we sit down at the table and find a way to resolve this issue."
An intensifying war of words between the EU and the U.S. began on Thursday when Trump announced plans to slap hefty tariffs on steel and aluminum imports.
European Commission President Jean-Claude Juncker had vowed to react firmly to Trump's tariff threats.
The European Union (EU) must tread painstakingly while considering President Donald Trump's risk to impose imports of European autos, Fiat Chrysler's CEO told CNBC on Tuesday.
Talking at the Geneva Motor Show in Switzerland, Sergio Marchionne stated: "I'm proposing that we quit playing one good turn deserves another, that we recover our circulatory strain to go down to ordinary (and) that we take a seat at the table and figure out how to determine this issue."
"I don't think we need to raise this into an out and out exchange war," he included.
'Extremely imbecilic' exchange bargains
A heightening war of words between the EU and the U.S. started on Thursday when Trump declared plans to slap weighty levies on steel and aluminum imports. He said "exceptionally doltish" exchange bargains had permitted nations from everywhere throughout the world to exploit the world's biggest economy.
That incited a firm reaction from the U.S.' exchanging accomplices, and additionally feedback from the International Monetary Fund (IMF) and the World Trade Organization (WTO).
Not long after the U.S. president's full-throated sponsorship of levies, EU exchange boss were believed to consider regardless of whether to force a 25 percent charge on around $3.5 billion of U.S. imports, Reuters announced.
European Commission President Jean-Claude Juncker had already pledged to respond solidly to Trump's levy dangers.
"In the event that the E.U. needs to additionally build their effectively gigantic duties and hindrances on U.S. organizations working together there, we will basically apply a duty on their autos which unreservedly fill the U.S.," Trump said on Twitter.
Marchionne clarified that Trump obviously feels it would be "wrong" for the U.S. to proceed with the present exchange bargain. "How about we consider him important on that issue and that worry," he said.
An intensifying war of words between the EU and the U.S. began on Thursday when Trump announced plans to slap hefty tariffs on steel and aluminum imports.
European Commission President Jean-Claude Juncker had vowed to react firmly to Trump's tariff threats.
The European Union (EU) must tread painstakingly while considering President Donald Trump's risk to impose imports of European autos, Fiat Chrysler's CEO told CNBC on Tuesday.
Talking at the Geneva Motor Show in Switzerland, Sergio Marchionne stated: "I'm proposing that we quit playing one good turn deserves another, that we recover our circulatory strain to go down to ordinary (and) that we take a seat at the table and figure out how to determine this issue."
"I don't think we need to raise this into an out and out exchange war," he included.
'Extremely imbecilic' exchange bargains
A heightening war of words between the EU and the U.S. started on Thursday when Trump declared plans to slap weighty levies on steel and aluminum imports. He said "exceptionally doltish" exchange bargains had permitted nations from everywhere throughout the world to exploit the world's biggest economy.
That incited a firm reaction from the U.S.' exchanging accomplices, and additionally feedback from the International Monetary Fund (IMF) and the World Trade Organization (WTO).
Not long after the U.S. president's full-throated sponsorship of levies, EU exchange boss were believed to consider regardless of whether to force a 25 percent charge on around $3.5 billion of U.S. imports, Reuters announced.
European Commission President Jean-Claude Juncker had already pledged to respond solidly to Trump's levy dangers.
"In the event that the E.U. needs to additionally build their effectively gigantic duties and hindrances on U.S. organizations working together there, we will basically apply a duty on their autos which unreservedly fill the U.S.," Trump said on Twitter.
Marchionne clarified that Trump obviously feels it would be "wrong" for the U.S. to proceed with the present exchange bargain. "How about we consider him important on that issue and that worry," he said.
'Let's take Trump seriously': Fiat Chrysler CEO warns EU must be wary of car tax threats
Reviewed by The world News
on
March 06, 2018
Rating:
Reviewed by The world News
on
March 06, 2018
Rating:
No comments: