Donald Trump delays decision on auto tariffs for up to six months
Donald Trump Had Been Facing A Saturday Deadline To Announce Whether To Implement 25 Per Cent Punitive Duties On Autos.
PTI Washington Updated on: 17 May 2019, 19:45 PM
President Donald Trump on Friday announced he will delay by six months a decision on imposing steep tariffs on imported autos while the United States pursues talks with key trading partners.
"Within 180 days... the Trade Representative shall update me on the outcome of the negotiations," Trump said in a proclamation issued by the White House.
Trump had been facing a Saturday deadline to announce whether to implement 25 per cent punitive duties on autos -- a possibility that has worried the European Union and Japan in particular, as well as Mexico and Canada.
For all the Latest World News, Download News Nation Android and iOS Mobile Apps.
First Published : 17 May 2019, 19:45 PM
More from World
EUFSC President Konstantin Ishkhanov “Thrilled†to Announce Opening of InClassica Festival in Dubai
Maiden Al-Mohed Al-Hindi Exercise Set to Begin Between Indian Navy and Saudi Arabia Navy
Excellent job by India in reducing COVID-19 related deaths by clamping lockdown: Indian-American doc
Pak summons Indian diplomat over expulsion of 2 High Commission officials on espionage charges
Trump postpones G7 summit, wants India, others to join group