Tags: Trump Refugee Ban | trump | auto | tariff | delay

Trump Expected to Delay Auto Tariffs Decision by up to 6 Months: Officials

Trump Expected to Delay Auto Tariffs Decision by up to 6 Months: Officials
(Justin Sulliva/Getty Images)

Wednesday, 15 May 2019 10:44 AM

President Donald Trump is expected to delay a decision on tariffs on imported cars and parts by up to six months, three administration officials told Reuters.

A formal announcement is expected by Saturday, the officials added.

The administration has drafted language to formally delay a decision on the tariffs that is due by May 18. Reuters reported last week that automakers expected Trump to delay the decision as talks continue with the European Union and Japan. General Motors Co, Volkswagen AG, Toyota Motor Corp and others have warned of the damaging impacts of imposing tariffs of up to 25 percent on imported cars and parts.

© 2019 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
Politics
President Donald Trump is expected to delay a decision on tariffs on imported cars and parts by up to six months, three administration officials told Reuters.
trump, auto, tariff, delay
105
2019-44-15
Wednesday, 15 May 2019 10:44 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved