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Trump expected to delay auto tariff decision for 6 more months

From politico.com

President Donald Trump is expected to announce this week that he is putting off a decision on whether to impose tariffs on European Union autos for another six months, a person familiar with the decision said. That would avoid a new bruising dispute with one of the United States' biggest trading partners, just as Trump is trying to put out another trade fire by striking an initial deal with China. But it would also set the stage for Trump to revisit the controversial trade issue in the throes of next year's presidential campaign. In May, Trump said the Commerce Department had determined that imports of autos and auto ... (full story)

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  • Category: Fundamental Analysis