EU wins exemption from planned U.S. auto tariffs

The United States and the European Union agreed Wednesday to hold off on new tariffs, suggesting Washington will exempt the 28-nation bloc from a controversial plan to impose stiff duties on car and parts imports.The agreement came as U.S. President Donald Trump is considering slapping additional tariffs of up to 25 percent on imported cars and parts. If invoked, the new duties would affect major car exporters such as Germany and Japan."As long as we are negotiating, unless one party would stop the negotiations, we will hold off further tariffs," European Commission President Jean-Claude Ju…READ FULL ARTICLE