U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has...
NEW YORK - U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period end in November with no action.
U.S. President Donald Trump did not announce any new tariffs after a six-month, self-imposed review period expired in mid-November following a Commerce Department “Section 232” investigation into whether imported autos pose a national security threat. He has threatened to tax them by as much as 25%. Senator Pat Toomey, a Pennsylvania Republican, said Tuesday in response to Ross’ comments that the Commerce Department would need to a launch a new investigation before it could impose the tariffs.
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