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Related: About this forumTrump 'inclined' to impose new U.S. auto tariffs: senator
Source: Reuters
BUSINESS NEWS JANUARY 16, 2019 / 5:48 PM / UPDATED 24 MINUTES AGO
Trump 'inclined' to impose new U.S. auto tariffs: senator
David Shepardson
3 MIN READ
WASHINGTON (Reuters) - U.S. President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday.
I think the presidents inclined to do it, the Republican senator told reporters. I think Europe (is) very very concerned about those tariffs ... It may be the instrument that gets Europe to negotiate.
U.S. Commerce Department recommendations into whether Trump should impose tariffs of up to 25 percent on imported cars and parts on national security grounds are due by mid-February. A Commerce Department spokeswoman declined to comment.
Grassley, who has had regular talks with Trump and U.S. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but they are a fact of life when Trump is in the White House. He said they may have been an effective tool in getting China, Canada, Mexico and others to negotiate on trade.
-snip-
Trump 'inclined' to impose new U.S. auto tariffs: senator
David Shepardson
3 MIN READ
WASHINGTON (Reuters) - U.S. President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday.
I think the presidents inclined to do it, the Republican senator told reporters. I think Europe (is) very very concerned about those tariffs ... It may be the instrument that gets Europe to negotiate.
U.S. Commerce Department recommendations into whether Trump should impose tariffs of up to 25 percent on imported cars and parts on national security grounds are due by mid-February. A Commerce Department spokeswoman declined to comment.
Grassley, who has had regular talks with Trump and U.S. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but they are a fact of life when Trump is in the White House. He said they may have been an effective tool in getting China, Canada, Mexico and others to negotiate on trade.
-snip-
Read more: https://www.reuters.com/article/us-autos-trade/trump-inclined-to-impose-new-u-s-auto-tariffs-senator-idUSKCN1PA31S
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Trump 'inclined' to impose new U.S. auto tariffs: senator (Original Post)
Eugene
Jan 2019
OP
Wellstone ruled
(34,661 posts)1. Yah,right.
Some one is so out of touch and it is showing by watching the Stock Market.
SoCalNative
(4,613 posts)2. Because the other tariffs
have worked out soooooooo well
C_U_L8R
(44,996 posts)3. I see he still hasn't figured out tariffs
What a dumbass.