Trump Postpones his Decision on the Car Tariffs on EU And Japan

The US President extends his ultimatum by up to six months, so as not to jeopardize the ongoing negotiations with Japan and the EU.
US President Donald Trump postpones his decision on the impending punitive tariffs on European import cars and components, several news agencies cite government officials.
Currently, the US only raises 2.5% duty on cars from the EU. This coming Saturday, Trump wanted to give the green light to increase these tariffs to up to 25 percent. That would have hit hard especially the German car industry. According to a recent study by consultants from BCG, imports of European cars into the US in 2018 have risen to $ 34 billion. This is almost twice as much as in 2013 ($ 18 billion). Almost half of them came from Germany. The Americans meanwhile only exported $ 3 billion worth of cars to the EU. Automakers on both sides of the Atlantic, such as General Motors and Volkswagen, have warned against negative consequences of tariffs.
Now Trump wants to postpone his decision by up to six months, they say. The reason for this may be concerns, otherwise it would endanger ongoing negotiations with the European Union and Japan – and open up too many fronts alongside the trade dispute with China.
The US Department of Commerce submitted a report on whether imports of automobiles and parts were threatened by national security under Article 232 of the Trade Expansion Act and President Trump would decide the final response policy by day 90.
It means that auto tariffs can be used as negotiation cards to attract advantageous bilateral trade negotiations with Japan and the EU.
The US Department of Commerce submitted a report on automobile duties in accordance with Article 232 of the Trade Enhancement Act in February. It was planned to decide whether President Trump would impose additional tariffs by Saturday this 18th. Japan, the EU, as well as Canada, Mexico, etc., as a car exporter, were particularly cautious, but the decision was postponed.
On the 15th, the New York Stocks Market was selling ahead, with the Dow and other major stock indices down and trading started. However, receiving news coverage, it was repurchased mainly for automobile-related stocks and turned to a rise.
The auto industry is concerned during the ongoing trade talks with the EU and Japan, some of the supposedly Republicans are against it. Although it has not been officially announced, there are several backgrounds to the postponement of the judgment of automobile duty. Both of them may have influenced, but it may be considered that the real reason is not the stock price.
In retaliation for the Trump administration raising tariffs on China, the Chinese government announced that it would raise the tariff rate on a wide range of products and agricultural products imported from the United States up to 25%. The New York Stock Market on the 13th was completely down as the trade war intensified. The Dow has fallen by over 700 points at one point and dropped 617 points at the closing price.
President Trump changed his stance on the 14th. Optimistic tweets, such as “compiling an agreement if it is matured” and “allowing to agree in three or four weeks,” and the like, made a series of remarks, and the stock market on the 14th rebounded with expectations.
It is also expected that the Korean automobile industry will be sigh for up to six months.
The Republican, however, reserves the right to overturn the decision in the short term, unreported. According to Trump and his confidants Wilbur Ross and Peter Navarro continue to be adherents of import duties – against the advice of their advisors. Rumors of a possible postponement of the decision have been around for some time. The official announcement is expected by the end of the week.
Reviewer overview
Trump Postpones his Decision on the Car Tariffs on EU And Japan - /10
Summary
The US President extends his ultimatum by up to six months, so as not to jeopardize the ongoing negotiations with Japan and the EU.
0 Bad!
64 Comments
viagra generic
24 January 2021 at 15:04https://viaprescription.com/
canadian pharmacy
24 January 2021 at 22:06http://canadian2pharmacy.com
Robertchest
27 January 2021 at 01:50generic zithromax azithromycin: zithromax over the counter uk – zithromax prescription online
cialis tadalafil
27 January 2021 at 04:12https://cialisay.com – when do i take cialis
viagra online
27 January 2021 at 11:05viagra pitch vc https://viaprescription.com/
online pharmacy
27 January 2021 at 13:32http://bambulapharmacy.com
Robertchest
28 January 2021 at 02:52sildenafil price in usa: sildenafil 90 mg – sildenafil mexico
cialis logo
28 January 2021 at 03:42cialis logo https://cialis.webbfenix.com/
generic viagra
28 January 2021 at 22:57jak dziala viagra na kobiety https://viagwithoutdoctor.com/
Robertchest
29 January 2021 at 03:56tadalafil online without prescription: buy tadalafil uk – best tadalafil tablets in india
tadalafil
29 January 2021 at 05:50https://cialisay.com – patient information on cialis
online pharmacies
30 January 2021 at 00:38http://canadianvolk.com
Robertchest
30 January 2021 at 04:40can you buy zithromax online: buy zithromax online with mastercard – generic zithromax 500mg india
ConradTor
30 January 2021 at 21:42buy cheap viagra genericVGR
ConradTor
31 January 2021 at 20:54order generic viagra order generic viagra
generic cialis
01 February 2021 at 07:54https://tadalafilrembo.com – snl cialis for three ways
canadian pharmacy
01 February 2021 at 16:19http://canadian2pharmacy.com
cialis 5 mg
02 February 2021 at 10:23viagra availability bangalore https://sansordonnancemd.com/
ConradTor
02 February 2021 at 18:46is cialis generic available http://generictadalafil20.com generic tadalafil 20mg
gidrasajt4afRich
03 February 2021 at 08:43gidrasajt4af.com представляет собой магазин, что предназначен для дилеров незаконных вещей и спецуслуг. Подобную услугу нереально приобрести в нормальном интернет-магазине, так как это неправомерно.
ConradTor
03 February 2021 at 19:34hard erections cialis http://generictadalafil20.com cheap cialis
generic cialis tadalafil
03 February 2021 at 23:18https://cialis20walmart.com forum site achat cialis
mexican border pharmacies
04 February 2021 at 00:50http://canadian2pharmacy.com
atarax 25 mg tablet
04 February 2021 at 23:30remeron 30 mg australia remeron tablet remeron 15 mg usa
Mathewscemi
05 February 2021 at 02:05generic ed pills best ed treatment pills
viagra
05 February 2021 at 07:38Nicely spoken truly. .. https://sansordonnancemd.com
Mathewscemi
06 February 2021 at 01:43best ed pills at gnc cheapest ed pills online
cialis online
06 February 2021 at 19:54https://tadalafilrembo.com why 2 bathtubs in cialis commercial
Mathewscemi
07 February 2021 at 01:49best pills for ed online ed medications
cialis online
07 February 2021 at 11:35beneficios viagra mapucheYnorq51 otm39v viagra pills. symptoms of various stds healthcare group.
canada drugs online
07 February 2021 at 22:26http://canadianvolk.com
cialis soft 20mg strength
08 February 2021 at 01:39cialis soft 20mg strength https://cialis.webbfenix.com/
Mathewscemi
08 February 2021 at 01:51natural remedies for ed best male enhancement pills
Davidkip
08 February 2021 at 13:33price of viagra viagra
viagra without a doctor prescription canada
buy cialis
09 February 2021 at 07:03https://cialis20walmart.com priapism with cialis
Davidkip
09 February 2021 at 13:29viagra online canadian pharmacy goodrx viagra
viagra prices
WilliamPriem
09 February 2021 at 23:38best price for generic viagra on the internet clomid tablet
cialis without a doctor’s prescription
viagra usa 100mg
10 February 2021 at 06:43blood pressure solution scam which statement about the use of technology in healthcare is true?. viagra online Eutoyel dawdjr viagra metformina
WilliamPriem
10 February 2021 at 20:04best treatment for ed neurontin 800 mg tablet
real cialis without a doctor’s prescription
kamagra
11 February 2021 at 18:09Well spoken indeed. ! https://www.goldkamagra.com kamagra for women how does it work Ukobcct
Carltonsaw
11 February 2021 at 21:49fucidin online generic augmentin
stromectol online
Carltonsaw
12 February 2021 at 18:31keflex for sale bactrim for sale
buy flagyl generic
buy venlafaxine 75 mgvenlafaxinemg pills
12 February 2021 at 23:44pioglitazone otc pioglitazone 30 mg without a prescriptionpioglitazone tablets pioglitazone tablets
acetazolamide 250mg no prescriptionacetazolamide coupon
13 February 2021 at 10:18spironolactone no prescription spironolactone 25mg cheapcheap spironolactone spironolactone medication
Carltonsaw
13 February 2021 at 15:45flagyl online buy cephalexin online
generic terramycin
Squimi
13 February 2021 at 19:01You explained it superbly! https://www.goldkamagra.com kamagra online pharmacy uk Euuxs58
where can i buy metronidazole 400 mgmetronidazole no prescription
15 February 2021 at 06:06fexofenadine usa fexofenadine 120 mg pillsfexofenadine for sale fexofenadine uk
kamagra 100
15 February 2021 at 20:14Whoa lots of fantastic data! https://www.kamagramama.com kamagra tablets to buy Ymgxaax
how to buy doxycycline 100 mgcheapest doxycycline
16 February 2021 at 01:37buy glimepiride glimepiride 2 mg onlineglimepiride united states glimepiride without a doctor prescription
bisacodyl 5mg pricesbisacodyl tablet
17 February 2021 at 13:54how to buy meclizine how to buy meclizine 25mgmeclizine uk meclizine tablets
Buddycheak
18 February 2021 at 21:46buy cialis online taking l-citrulline and cialis together
lowest price cialis
cost of phenytoin 100mgwhere can i buy phenytoin
19 February 2021 at 03:22leflunomide online pharmacy leflunomide 20 mg for salecost of leflunomide how to buy leflunomide
phenytoin 100 mg otcphenytoin nz
19 February 2021 at 15:32atomoxetine coupon atomoxetine 10 mg united statesatomoxetine price atomoxetine prices
Buddycheak
20 February 2021 at 12:56otc cialis is generic cialis safe
buy cialis
kamagra 100mg chewable tablets
20 February 2021 at 16:19Kudos. A lot of posts.. https://kamagrajellynow.com
Buddycheak
21 February 2021 at 13:38is cialis generic available cialis 20 mg
fastest delivery of cialis buying online
Buddycheak
22 February 2021 at 14:36cialis 20mg price liquid cialis source reviews
what are the side effects of cialis
www.kamagradr.com
22 February 2021 at 21:50Oh my God, its you! https://www.kamagradr.com where can i buy kamagra jelly Uqaen70
Buddycheak
24 February 2021 at 16:20cialis patent expiration cialis dosage
cialis 30 day trial coupon
www.doctorxep.com
24 February 2021 at 19:06viagra
Buddycheak
25 February 2021 at 17:49cialis prices cost of cialis 20mg tablets
cialis tadalafil 20 mg
vreyro linomit
26 February 2021 at 13:38Can I just say what a reduction to seek out someone who really knows what theyre speaking about on the internet. You undoubtedly know learn how to convey a difficulty to light and make it important. More people must learn this and understand this aspect of the story. I cant believe youre no more widespread because you positively have the gift.
kamagra 100
27 February 2021 at 19:14Cheers. An abundance of tips.. https://kamagrajellynow.com
Eczhzvx
28 February 2021 at 11:51cialis generic