Trump likely to delay vehicle tariffs by up to six months
The tariffs face wide opposition in US Congress with some saying the 25% tariff would lead to hundreds of thousands of job losses in the US
Washington — US President Donald Trump is expected to delay a decision on imposing tariffs on imported cars and parts by up to six months, three Trump administration officials have told Reuters, avoiding opening yet another front in his global trade battles. A formal announcement is expected by Saturday, the due date for Trump to make a decision on recommendations by the US commerce department to protect the US automotive industry from imports on national security grounds, the officials said. A White House spokesperson declined to comment. The officials added that the administration has drafted language to formally delay a decision on the tariffs that is due by May 18. Reuters reported last week that car makers expected Trump to delay the decision as trade negotiations get underway with the EU and Japan. General Motors (GM), Volkswagen (VW), Toyota Motor and others have warned of the damaging impacts of imposing tariffs of up to 25% on imported cars and parts. The White House has he...
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