Posted on 05/23/2018 2:26:09 PM PDT by reaganaut1
WASHINGTON—The Trump administration is considering a plan that would impose new tariffs 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.
Mr. Trump has repeatedly floated the idea of tariffs on auto imports in meetings. The plan remains in its early stages, and is likely to face significant opposition from a number of interest groups, from foreign trading partners to domestic dealers of imported cars.
Applying the tariffs under Section 232, meanwhile, would require a lengthy investigation and report from the U.S. Commerce Department. The administration is currently considering tariffs of up to 25%, according to two people briefed on the plan.
(Excerpt) Read more at wsj.com ...
I didn’t think they were.
Glad I just bought one then.
Too funny! Comparing pro-America trump to Muslim America-hater Obama......no wonder we have trouble winning over the long term.
I’d like this a whole lot more if the US produced cars as nice as those from Germany.
The latest vette was a step in the right direction, but the US isn’t building anything that can replace Audi or Porsche offerings.
You’ve always been a Never Trumper
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.