White House moves to delay auto tariffs for up to six months

White House moves to delay auto tariffs for up to six months

The White House is delaying any decision to impose auto tariffs on car and auto part imports for up to six months. The delay is to allow more time for trade talks with the EU and Japan. Tariffs of up to 25 per cent on imported cars and car parts were under consideration.

Timothy
Timothy
James T Kirk
James T Kirk 1 year

I'm also for pressuring the Europeans for equal trade agreements. As it stands, they charge a 10% tarif on manufactured goods from the US (cars for example), while the US only charges 2.5% on goods from European countries. The reason they have such easy access to the American market is a relic from the Marshall Plan to resurrect the European economies post WWII. Trade policy hasn't changed all that much since then. They are very protective of their markets, while we let them have near unfettered access to ours.

Prodigal Liberal
Prodigal Liberal 1 year

Ungrateful Europeans. Anyway, POTUS should continue to improve trade with Japan and any other country in Asia EXCEPT China. Anybody but China.

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