International Trade News

Trump Expected to Delay Car Tariffs as Europe Invests in U.S.

Nov. 12, 2019, 10:09 AM

The Trump administration may delay a decision on whether to slap tariffs on European automobiles after an intense lobbying campaign by German carmakers highlighted plans to shift global production to American suppliers, people familiar with the White House deliberations said.

In May, President Donald Trump gave himself a deadline of mid-November to decide whether to impose levies on cars and auto parts from the European Union. The EU threatened to retaliate with tariffs on $39 billion of American goods if the president carried out his threat.

Trump is expected to extend this week’s deadline again, according to people familiar with...

To read the full article log in. To learn more about a subscription click here.