New Delhi, April 8 -- US President Donald Trump has rejected the European Union's proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit. "The European Union has been very, very bad to us, they don't take our cars, like Japan in that sense, they don't take our agricultural product. They don't take anything practically," Trump told reporters at the White House.

On Monday, European Commission President Ursula von der Leyen proposed a "zero-for-zero" tariff arrangement for industrial products, including cars, in a bid to defuse escalating trade tensions with the United States.

Speaking at a press conference in Brussels, von der Leyen stated, "We have propo...