To understand why auto tariffs are such a contentious issue today, it helps to go back to the 1970s—with U.S. carmakers dominating the country’s auto market, Japan’s export growth on the horizon and impending conflict in the Middle East. Photo: APThe Trump administration is pushing back its timetable for completing a controversial investigation into whether to impose tariffs on auto imports, as officials try to negotiate agreements with some of the world’s largest car exporters. Commerce Secretary Wilbur Rosstold reporters in late July that he would complete his study and recommendations on the possible national security threat from automotive imports “probably sometime in the month of August.”...

Source: Wall Street Journal August 21, 2018 12:08 UTC