The EU Has a New Plan to Head Off a Automobile Trade War With Trump

The European Union is considering going straight to the source and negotiating with individual automakers to avoid a trade war with the United States, diplomats told the Financial Times.

The European Commission is looking at options for direct talks with carmakers in the U.S., South Korea and Japan to negotiate reduced tariffs on specific products in a so-called “plurilateral agreement.”

Here’s how it would work: Rather than including the entire membership of the World Trade...

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