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Direct impact of potential U.S. car tariffs on Europe limited: IMF

Europe Materials 12 October 2018 11:53 (UTC +04:00)
The direct impact of potential car tariffs that the United States could impose on European cars would be relatively limited but they could still affect investor sentiment
Direct impact of potential U.S. car tariffs on Europe limited: IMF

The direct impact of potential car tariffs that the United States could impose on European cars would be relatively limited but they could still affect investor sentiment, the head of the International Monetary Fund’s European unit said on Friday, Reuters reports.

Poul Thomsen also noted at a news conference on the sidelines if the IMF’s annual meetings in Bali, Indonesia, that it was impossible to quantify that impact precisely.

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