Trump administration launches vehicle import probe

Trump administration launches vehicle import probe

Trump has long made the imbalance in auto trade a key concern, repeatedly threatening to impose tariffs on imported vehicles.

Trump has frequently lambasted China's high import duties on foreign cars.

John Bozzella, chief executive of Global Automakers, a trade group representing Toyota, Nissan, Hyundai and others, said tariffs on imported vehicles would hurt American consumers.

President Trump used the same provision of USA trade law in March when he called for tariffs on foreign-made steel and aluminum.

President Donald Trump has pledged to revive American manufacturing and earlier this year criticised European auto imports and tariffs. "But I will tell you in the end we win, we will win and we'll win big", he said.

The Trump administration launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled.

"Core industries such as automobiles and automotive parts are critical to our strength as a Nation", Trump added.

The administration is weighing auto tariffs of up to 25%, according to The Wall Street Journal.

Sonic ATTACK warning issued as USA citizen suffers brain injury in China
Lee said the employee experienced "a variety of physical symptoms" between late 2017 through April 2018. China's Foreign Ministry are investigating the incident in Guangzhou but is yet to comment.

He tells reporters on the South Lawn at the White House that "you'll be seeing very soon what I'm talking about".

The United States and Mexico have deadlocked about US demands for wage increases in the auto sector and for a boost in the North American content in cars.

The U.S.is in talks with China on a deal to avoid tit-for-tat tariffs between the world's two biggest economies.

It was unclear how the Trump administration would be able to use a measure aimed at ensuring national security in the vehicle sector. At the same time, the United States exported almost 2 million vehicles worldwide worth $US57 billion.

The Detroit-based companies - as well as many offshore-based auto makers such as BMW AG and Volkswagen AG - also have large vehicle assembly operations in Mexico that would be subject to such a tariff.

The White House could opt to negotiate with individual countries about whether auto tariffs take effect.

If it applies to all countries, a vehicle tariff would penalize Ford Motor Co. and General Motors Corp., which have assembly plants in Canada that ship as much as 80 per cent of their production to the US market, as well as Fiat Chrysler Automobiles NV and exports from its two assembly plants in Ontario.

Peter Sklar, auto analyst with BMO Nesbitt Burns, said about 3.9 million vehicles were imported into the United States past year from Europe and Asia.

Related Articles

  • Texas governor opens school safety summit, vows to protect the 'innocent'

    Texas governor opens school safety summit, vows to protect the 'innocent'

    His voice cracks as he describes how he told police to let him inside the school so his son could kill him instead. "Sending all of my love to the students and families in Santa Fe , Texas", tweeted Ellen DeGeneres .
    Kilauea volcano eruption in Hawaii rains down drama, destruction

    Kilauea volcano eruption in Hawaii rains down drama, destruction

    Kaleikini said the gases that could potentially leak from the Puna plant are no different from those coming from active fissures. Earlier this month officials removed a flammable gas called pentane from the plant to reduce the chance of explosions.
    Venezuela expels US  envoys in response to sanctions

    Venezuela expels US envoys in response to sanctions

    It appears to target in part Citgo [PDVSAC.UL], a USA -based oil refiner owned by Venezuela state oil company PDVSA [PDVSA.UL]. Maduro barred two of his most popular opposition rivals from the race and also offered government "prizes" to voters.
  • Jared Kushner's security clearance restored

    Jared Kushner's security clearance restored

    Some had expected Kushner might not receive a permanent clearance for the duration of Mueller's investigation. White House adviser Jared Kushner speaks in the East Room of the White House in Washington, May 18, 2018.
    Kelly sued by ex-girlfriend over alleged abuse

    Kelly sued by ex-girlfriend over alleged abuse

    Kelly has been sued for sexual battery, false imprisonment, and for not informing a sexual partner of an STD, TMZ reports . Kelly has faced repeated allegations of sexual misconduct, and has recently been targeted by the Time's Up movement .
    Explosions Heard Near Iranian Facility South of Damascus in Syria

    Explosions Heard Near Iranian Facility South of Damascus in Syria

    He and his counterpart hailed the beginning of the "political process" in Syria amid an ongoing "fight against terrorism". Both Damascus and Moscow said the Syrian army had managed to shoot down more than half of the missiles.
  • Tuticorin factory currently non-operational: Sterlite Copper

    Tuticorin factory currently non-operational: Sterlite Copper

    The company had filed an application to obtain environmental clearance to expand its plant in the coastal city in February 2018. The public continues to suffer and complain about health hazards that were caused by the operation of the plant, she alleged.
    Texas Governor to Hold Talks on School Violence After Massacre

    Texas Governor to Hold Talks on School Violence After Massacre

    One of the students killed, Shana Fisher, had rejected the suspect's advances for months, her mother Sadie Baze said. Mourners also gathered at a Houston-area mosque to remember the life of a slain exchange student from Pakistan.
    Kane Williamson becomes leading run-scorer in IPL 2018

    Kane Williamson becomes leading run-scorer in IPL 2018

    CSK pegged back Sunrisers at 47 for 3 with both Williamson and opener Shikhar Dhawan (0) back in the dugout. Shardul Thakur bore the brunt of Brathwaite's assault, conceding 20 runs in the final over of the innings.
  • Unai Emery: 'I want Arsenal to be back among Europe's elite'

    Unai Emery: 'I want Arsenal to be back among Europe's elite'

    Arsenal had already appointed Raul Sanllehi as head of football relations and Sven Mislintat as head of recruitment over the past year.
    Facebook's Zuckerberg grilled by EU Parliament over data scandal

    Facebook's Zuckerberg grilled by EU Parliament over data scandal

    Verhofstadt was one of the MEPs that threatened not to attend if the hearing was restricted from public view. Zuckerberg later answered that the algorithm change affected all public pages, not just those on the right.
    Indian police kill 9 anti-pollution protesters

    Indian police kill 9 anti-pollution protesters

    In 2013, the Sterlite copper plant was fined by the Supreme Court on account of a gas leak which caused pollution in the area. D Jayakumar, a state minister, said in a televised address that police had fired on protesters and that it was "unavoidable".