White House delays decision on imported auto tariffs decision

May 17, 2019 Off By readly




FILE PHOTO: Newly manufactured cars await export at a port in Yokohama, Japan, January 16, 2017. REUTERS/Toru Hanai

WASHINGTON (Reuters) – The White House said on Friday that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan.

Trump faced a Saturday deadline to make a decision on recommendations by the Commerce Department to protect the U.S. auto industry from imports on national security grounds.

Trump directed U.S. Trade Representative Robert Lighthizer to pursue negotiations and report back within 180 days. He has said that some imported cars and trucks have weakened the U.S. economy and threaten to harm national security.

The auto tariffs face strong opposition in Congress including from many prominent Republicans.

Reuters and other new outlets reported earlier this week that Trump was expected to delay the decision.

Automakers have strongly opposed the tariffs, saying they would hike prices and threaten thousands of U.S. jobs.

Reporting by David Shepardson; Editing by Jeffrey Benkoe

Source of this (above) article: https://www.reuters.com/article/us-autos-tariffs-usa/white-house-delays-decision-on-imported-auto-tariffs-decision-idUSKCN1SN1FY?feedType=RSS&feedName=topNews