White House Puts Off Final Decision on Auto Tariffs for 180 Days - News Summed Up

White House Puts Off Final Decision on Auto Tariffs for 180 Days


The Trump administration said Friday it would postpone for six months a final decision on whether to impose broad tariffs on automobile and auto-part imports. Mr. Trump has repeatedly warned he could slap tariffs on cars produced by major trading partners including the European Union and Japan, citing national-security concerns. The administration has sought to use the pressure from that threat to negotiate bilateral trade agreements.


Source: Wall Street Journal May 17, 2019 12:50 UTC



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