• U.S. White House officially announces up to six-month delay on decision to impose tariffs on imported cars and parts

Market news

17 May 2019

U.S. White House officially announces up to six-month delay on decision to impose tariffs on imported cars and parts

  • Will direct USTR Lighthizer to lead negotiations and update him within 180 days on auto trade talks
  • Will agree with commerce report that some vehicle and part's imports have weakened U.S. economy and threaten to impair national security
  • Says if no trade deals are reached within 180 days he could decide whether further action, including tariffs are appropriate

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