• The first of the three options reported is a 10% levy, which would make US tariffs equal to that of the EU.

• The second option is customised levies, which would be limited to certain cars and their respective components.

• The final option is that of a 25% levy, which was the proposal that was being touted originally.

The US Department of Commerce is expected to present the investigative report after the so-called Chapter 232 on 17 February. After that, US President Donald Trump has 90 days to make a final decision.