• Trump Just Delayed Auto Tariffs on the EU and Japan. Here's Why

    3 monthes ago - By Fortune

    President Donald Trump on Friday announced a delay in imposing tariffs on imported vehicles and parts from the European Union, Japan and other nations for 180 days to pursue negotiations, avoiding opening another front in his tariff battle with some of America's key allies.
    The Commerce Department submitted its findings in February to the president after conducting a probe into whether car imports pose a national-security threat. Trump had until Saturday to decide how to respond, including whether to impose tariffs or defer any action.
    In a proclamation released in Washington, Trump said...
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  • Trump delays imposing tariffs on auto imports and parts

    3 monthes ago - By National Post

    WASHINGTON - Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump decided against declaring commercial war on America's friends: The White House said Friday that he is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
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