Trump delays decision to impose tariffs on imported cars, parts

US President Donald Trump has delayed a decision on whether to impose tariffs on imports of cars and car parts.
The White House has put back the decision by six months to allow more time for trade talks with the European Union and Japan.
Tariffs of up to 25 per cent on imported cars and car parts were under consideration.
A report by the Commerce Department claimed that imports of foreign-made cars and auto parts into the US were a threat to national security.
The report has not been published, but in Friday's announcement, Mr. Trump cited its findings which conclude that US car-makers are missing out on revenues to invest in research and development.

comments powered by Disqus
More Stories
Most Popular
Senator calls for authorities to charge or...
Tourism Ministry reports increased arrivals...
Binnie moves into quarter finals of Atlanta...