(Jacob M. Schlesinger & Chester Dawson – Wall Street Journal)
The Trump administration is likely pushing back its timetable for imposing tariffs on auto imports, easing concerns of many in the auto industry who have widely opposed the duties.
The move, signaled in comments by Commerce Secretary Wilbur Ross, came as administration officials are seeking to negotiate agreements with some of the world’s largest car-exporting countries. The auto industry took the development as evidence of progress in those negotiations.
Mr. Ross told reporters in late July that he would complete his study and recommendations on whether car imports could be seen as a threat to national security “probably sometime in the month of August.” The government must first publish a report before imposing tariffs.
In an interview, Mr. Ross said that while the Commerce Department will continue its investigation, it is now “not clear the report will be out at the end of the month.” He said the delay was “in view of the negotiations” going on with the European Commission, as well as with Mexico and Canada, both signatories to a North American Free Trade Agreement that is under renegotiation. Click here to read more.
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