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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Trump Wants New Tariffs on Imported Vehicles

May 24, 2018 · 8:31 am ET · Leave a Comment

“The Trump administration is using national-security laws to consider imposing new tariffs on vehicle and auto-parts imports… President Trump is asking for new tariffs of as much as 25% on automobile imports…  after he repeatedly signaled his intention to impose such tariffs,” the Wall Street Journal reports

“Mr. Trump has asked his team to investigate using a legal provision of the 1962 Trade Expansion Act to find whether tariffs or other restrictions are needed on imported cars. It is the same legal justification the administration used to impose tariffs on steel and aluminum imports in March.”

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