US Threatens EU Auto Tariffs Over Trade Deal Delay

The video discusses the potential imposition of auto tariffs by the US on the EU due to delays in implementing a previously agreed trade deal. The US ambassador emphasizes that the deal was finalized in August 2022, with no progress made since then. The EU aims to accelerate the process, targeting completion by July 2023. However, the US ambassador warns that tariffs could be imposed 'soon' if substantial progress is not made, with President Trump's executive order ready to go. The EU has indicated a preference for deals over trade wars but is prepared to walk away from the trade deal if necessary.