Trump's auto tariff timeline is being postponed, commerce secretary tells WSJ - News Summed Up

Trump's auto tariff timeline is being postponed, commerce secretary tells WSJ


The White House's timetable for a decision on auto tariffs is being pushed back, the Wall Street Journal reported Tuesday. Commerce Secretary Wilbur Ross had told reporters last month that a report on the implications of auto tariffs and their possible national security threat, would be published sometime in August. The U.S. has also imposed 25 percent tariffs on $34 billion in Chinese goods, and tariffs on steel. Critics have warned auto tariffs could boost the cost of cars, and hurt auto sales and jobs in the global industry. — Read the entire Wall Street Journal report here.


Source: Wall Street Journal August 21, 2018 12:45 UTC



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