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Thursday, May 24, 2018

BREAKING : Trump Administration Weighs New Tariffs on Imported Vehicles

BREAKING : Trump Administration Weighs New Tariffs on Imported Vehicles

The Trump administration is considering a plan that would impose new tariffs of up to 25% on imported vehicles on national-security grounds, according to industry officials briefed on broad outlines of the plan.

President Donald Trump has already used a legal provision known as Section 232 to impose global tariffs on imported steel and aluminum, and now the administration is considering starting a probe of imported cars under the same law, possibly applying tariffs at the end, the people said.

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