View full page at metalsmine.com

 

Trump administration to delay auto tariffs by up to six months: Sources

From cnbc.com

{video} The Trump administration plans to delay auto tariffs by up to six months, stopping itself for now from widening global trade disputes, four sources told CNBC. The White House faces a Saturday deadline to decide whether to slap duties on car and auto part imports over national security concerns. After Saturday, the administration would have another 180 days to come to a decision as long as it is negotiating with its counterparts. President Donald Trump sees the tariffs as a way to gain leverage over trading partners such as the European Union and Japan during ongoing talks. But the president risks sparking ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis