Jason Posted November 12, 2018 Share Posted November 12, 2018 Quote The White House is circulating a draft report by the U.S. Commerce Department over whether to impose tariffs on automobile imports to protect national security, three people familiar with the matter said. President Donald Trump is scheduled to meet with senior members of his trade team on Tuesday to discuss how to proceed on the potential tariffs, two of the people said. Speaking on condition of anonymity to discuss internal deliberations, they didn’t give any insight into Commerce’s conclusions. On a day when U.S. stocks were broadly lower, shares of General Motors Co. declined and Ford Motor Co. trimmed an advance following news of the auto-tariff report. https://www.bloomberg.com/news/articles/2018-11-12/u-s-car-import-probe-advances-as-trump-plans-trade-team-meeting Meanwhile... Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted November 12, 2018 Share Posted November 12, 2018 Yes yes, I'm sure that US consumers would love to see their cars go up 25% in price and would also love to see tens of thousands of jobs be lost. Quote Link to comment Share on other sites More sharing options...
Jason Posted November 12, 2018 Author Share Posted November 12, 2018 1 minute ago, CitizenVectron said: Yes yes, I'm sure that US consumers would love to see their cars go up 25% in price and would also love to see tens of thousands of jobs be lost. Don't worry, I'm sure the GOP is going to cut rich people's taxes some more to even things out. Quote Link to comment Share on other sites More sharing options...
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