Trump expected to delay auto tariffs by 6 months

Buenos Aires, Argentina. November 30, 2018. The President of the USA, Donald Trump is seen during a bilateral meeting with Argentina's President Mauricio Macri as part of the G20 - Görsel
Trump expected to delay auto tariffs by 6 months

U.S. President Donald Trump is expected to postpone imposing tariffs on auto imports by up to six months amid ongoing trade war with China, said U.S. officials cited in various media reports on late Wednesday. According to the stories filed by Bloomberg and CNBC, Trump is supposed to make a formal statement on Saturday, May 18, which is the deadline to decide on the tariffs. Trump firstly threatened to put extra tariff on auto imports last year in a move to protect the U.S. auto industry. The claims came during a busy agenda of the U.S.- China trade war. Last Friday, Trump administration’s higher tariffs on $200 billion worth of Chinese products have come into effect. Following the move, China immediately said it would retaliate.