German Chancellor Merkel: she'd back cuts in EU tariffs on cars

German Chancellor Angela Merkel was out on the wires in the last hour, commenting on the recent trade-related issues, and said that she'd back cuts in EU tariffs on cars.

Additional quotes: 

   •  Cuts not just for the US, but for other countries too.
   •  Still working on a common position on tariffs including for the autos industry.