The headline here earlier: US Commerce Dept has sent auto tariff report probe to the White House
Reuters with more, this in brief, full article is here:
- U.S. Commerce Department sent the "Section 232" national security report to President Trump
- Trump has 90 days to decide whether to act upon the recommendations
- Auto industry has warned of
- tariffs of up to 25 percent on millions of imported cars and parts
- would add thousands of dollars to vehicle costs
- "These tariffs, if applied, could move the development and implementation of new automotive technologies offshore, leaving America behind"
- "Not a single company in the domestic auto industry requested this investigation"
