Via Yahoo Finance

WASHINGTON (Reuters) – U.S. President Donald Trump is expected to announce this week that he is delaying a decision on whether to slap tariffs on imported European Union autos for another six months, Politico reported on Monday, citing an unnamed person familiar with the decision.

The United States must decide by November 14 whether to impose threatened U.S. national security tariffs of as much as 25% on vehicles and parts under a law known as Section 232. The tariffs have already been delayed once by six months.

(Reporting by Tim Ahmann; Writing by Mohammad Zargham; Editing by Chris Reese)

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