World powers on Thursday blasted US President Donald Trump’s steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies. Major car exporter Germany called for a firm response from the EU, while Japan said it “will consider all options.” Stock markets across Asia and Europe skidded into the red as auto manufacturers from Toyota to Hyundai and Mercedes led the plunge. The US duties will take effect at 12:01 am (0401 GMT) on April 3 and impact foreign-made cars and light trucks. Key…
Read MoreGlobal Outcry As Trump Slams 25% Tariffs On Imported Vehicles
