automobile

He said if tariffs including those on agricultural products were not dropped, he would hike taxes on the car industry, "which will, essentially, permanently shut down the automobile manufacturing business in Canada".

Next, Trump moved to exclude automobiles from the measures.

But his executive actions have not changed tax credits, passed by Congress, for Americans purchasing electric vehicles, or policies in states including California that have their own standards driving the production decisions of automobile manufacturers.

And the automobile industry was one of the main arteries pumping wealth into Germany's economic heart.

Gasoline prices also rose by 1.8 percent, alongside other increases such as airline fares, hotel rates, used vehicles and automobile insurance rates.