Trump anticipated to delay European auto tariff choice -EU officers

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Trump anticipated to delay European auto tariff choice -EU officers

By David Lawder and Andrea Shalal


By David Lawder and Andrea Shalal

WASHINGTON, Nov 11 (Reuters)U.S. President Donald Trump is anticipated to announce this week that he’s delaying a choice on whether or not to slap tariffs on vehicles and auto components imported from the European Union, probably for one more six months, EU officers mentioned.

“We’ve a strong indication from the administration that there won’t be tariffs on us this week,” one EU official mentioned on Monday.

The Trump administration has a Thursday deadline to determine whether or not to impose threatened “Part 232” nationwide safety tariffs of as a lot as 25% on imported automobiles and components beneath a Chilly Battle-era commerce regulation.

U.S. Commerce Secretary Wilbur Ross, whose company is overseeing an investigation into the impact of auto imports on U.S. nationwide safety, mentioned on Nov. three that america could not want such tariffs after holding “good conversations” with automakers within the European Union, Japan and South Korea, .



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