Anyone surprised?
Probably not Japan and the Europeans…
This is normal Donald Trump ‘deal’ dancing…
Remember ….
A LOT of America jobs Arte connected to foreign cars which heavy outsell American cars….
(American car manufactures make a LOT of car’s in Mexico)
President Trump on Friday said he would delay tariffs on imports of cars and car parts from allies like Europe and Japan for six months, essentially setting a tight deadline for the United States to reach trade deals that have so far proved elusive.
Mr. Trump said he had determined that imports of cars and car parts were causing harm to the American automobile industry and that other countries had 180 days to address the problem through trade agreements with the United States. If no such agreements are reached, Mr. Trump said he would decide “whether and what further action needs to be taken,” a step that could include imposing 25 percent tariffs on foreign cars.
The decision offers a temporary reprieve to global automakers and auto suppliers, which had been bracing for punishing tariffs on cars sent into the United States. But it sets up a tense six-month period for the White House to reach trade deals that have already been complicated by disagreements. The United States has struggled to make headway in preliminary negotiations with the European Union, which has balked at Mr. Trump’s demands to allow more agricultural products into Europe. And talks with Japan have yet to move beyond the initial stages….
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Mr. Trump has promised to rewrite trade deals in America’s favor but the administration has struggled to make good on that promise. Lawmakers have resisted ratifying the new Nafta, called the United States-Mexico-Canada Agreement, with both Democrats and Republicans raising concerns about the pact. Lawmakers have insisted that the White House remove metal tariffs on Canada and Mexico as part of the deal, arguing that the levies, while aimed abroad, are hurting American farmers, businesses and consumers….
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…the bulk of American auto imports come from the country’s closest allies. Mexico, Japan, Canada, Germany and South Korea were together responsible for more than 85 percent of American automotive imports in 2018…
image…LATimes