Trump will announce the imposition of duties on cars in the evening, announced the White House
Already in February, the President proposed a 25 % car import duties.
Washington. President United States Donald Trump On Wednesday evening at 21:00 CET at a press conference announces the imposition of duties on cars, according to Reuters, the White House spokeswoman Karoline Leavitt said.
Leavitt did not announce the amount of the planned duties and said she would leave the announcement to Trump.
At the beginning of the week, the President told reporters that he would describe cars in detail in the coming days. According to Bloomberg, he said they could come before the planned introduction of extensive reciprocal duties focused on countries that are responsible for the majority of the US trade deficit. Those Trump plans on April 2, writes Reuters.
The import duties of the 25 percent cars designed by Trump in February would cause a shock in the worldwide industry, writes Reuters. He is already found in uncertainty caused by Trump’s rapid threats to impose duties and their occasional appeal.
The commercial war has already hit Europe. We explain what this will mean Read
The Financial Times on Tuesday, referring to informed sources, wrote that Trump’s two -phase customs regime plan, which could be announced on April 2, involves the immediate introduction of extraordinary car imports and subsequent investigation into business practices’ commercial practices.
According to the Financial Times, Trump’s team is discussing the use of extraordinary powers that the administration are granted by legislation, such as the Act on International Emergency Economic Measures (IEPA) or part of the 1930 duties.
