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Trump Administration Decides on 6 Month Delay for Auto Tariffs

Credit: Wibbitz Top Stories
Published on May 17, 2019 - Duration: 01:07s

Trump Administration Decides on 6 Month Delay for Auto Tariffs

Trump Administration Decides on 6 Month Delay for Auto Tariffs The decision was announced in light of trade talks between the U.S., Japan and the E.U.

The administration had until Saturday to decide whether it would implement tariffs on auto imports.

President Donald Trump could cite national security as a reason for auto import duties.

EU Trade Commissioner Cecilia Malmstrom stated the E.U.

"completely" rejects "the notion that our car exports are a national security threat.” The E.U.

Is prepared to institute its own tariffs on U.S. goods depending on the outcome of trade talks.

Expanding the global trade war could do harm to the U.S. economy.

U.S. Trade Representative Robert Lighthizer will lead the trade talks with Japan and the E.U.

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