Trump Delays Decision on Extra Auto Tariffs by Up to 6 Months
Washington, May 17 (Jiji Press)--U.S. President Donald Trump said in a statement on Friday that his administration will delay by up to six months its decision on whether to impose additional tariffs on automobile and auto parts imports.
If the United States fails to reach agreements with Japan, the European Union and others within the next six months, it would likely consider import restriction measures, including tariff hikes.
The statement was issued just before the original deadline on Saturday for making a decision on whether to introduce such envisaged measures for national security reasons.
In his talks with Japanese and EU leaders last year, Trump promised to refrain from taking fresh measures to restrict automotive imports to the United States while trade negotiations are under way.
Citing a recent Commerce Department report that imports of automobiles and certain auto parts threaten to impair the national security of the United States, Trump said in the statement, "Domestic conditions of competition must be improved by reducing imports."
[Copyright The Jiji Press, Ltd.]