Trump Administration Decides on 6 Month Delay for Auto Tariffs

Trump Administration Decides on 6 Month Delay for Auto Tariffs

Trump Administration br Decides on 6 Month br Delay for Auto Tariffs The decision was announced br in light of trade talks between br the U.S., Japan and the E.U. The administration had until br Saturday to decide whether it br would implement tariffs br on auto imports. President Donald Trump br could cite national security br as a reason for auto import duties. EU Trade Commissioner br Cecilia Malmstrom stated the br E.U. "completely" rejects "the notion that br our car exports are a national security threat.” The E.U. is prepared to br institute its own tariffs on br U.S. goods depending on br the outcome of trade talks. Expanding the global br trade war could do harm br to the U.S. economy. U.S. Trade Representative br Robert Lighthizer will lead br the trade talks with Japan and the E.U.


User: Wibbitz Top Stories

Views: 4

Uploaded: 2019-05-17

Duration: 01:07

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