More on EU car tariffs: Will direct Lighthizer to lead negotiations on EU auto

Author: Greg Michalowski | Category: News

More from EU car tariffs

  • White house officially announces up to six-month delay on decision to impose tariffs on imports of imported cars and parts. 
  • This is for the EU and Japanese
  • will direct USTR Lighthizer to lead negotiations and update him within 180 days on auto trade talks
  • will agree with commerce report that some vehicle and part's imports have weakened US economy and threaten to impair national security
  • proclamation says if no trade deals are reached within 180 days he could decide whether further action, including tariffs are appropriate

There has been a little more of a lift in stocks this time.   The Dow is down -160 points. It was down about -200 points earlier. 
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