President Donald Trump plans to hold off on imposing steep tariffs on imported autos while the US pursues agreements with key trading partners, industry sources told AFP Wednesday.
Facing a deadline to announce a decision by Saturday on whether to implement the tariffs based on national security concerns, the sources said Trump would hold off as negotiations proceed. CNBC and other media earlier Wednesday cited government sources also saying that Trump was expected to try negotiations before imposing any new import taxes.
EU officials have repeatedly said they expect the US to abide by the agreement to hold off on any new tariffs.
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Trump bars US companies from using foreign telecoms posing security riskWASHINGTON: President Donald Trump declared a national emergency on Wednesday (May 15) barring US companies from using foreign telecoms equipment ...
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Trump bars US companies from using foreign telecoms posing security riskWASHINGTON (REUTERS) - President Donald Trump on Wednesday (May 15) signed an executive order declaring a national emergency and barring US companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei Technologies.. Read more at straitstimes.com.
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