(ANSA) - Rome, June 26 - Fiat Chrysler Automobiles chief
Sergio Marchionne said Tuesday United States President Donald
Trump's trade tariffs were "not the end of the world".
Marchionne said "I understand Trump's position, politically I
understand it". The tariffs, he said "are not the end of the
world, it's a problem to be managed, everything is manageable".
He underscored the different position for US car imports for
Italy and France compared to Germany and warned: " we have to be
very careful not to exaggerate in our (European) response."
According to Marchionne, the ultimate goal is "another one,
there will be a basis on which to rebuild a different balance".
Marchionne says Trump tariffs 'not end of world' (3)
Different balance is goal, EU response shdn't be exaggerated