Trump will decide if auto imports are a national security threat, as EU retaliation looms



Andrew Mayeda, Jenny Leonard, and Richard Bravo | The Los Angeles Times

President Trump received the findings of a probe into whether imported vehicles pose a national security threat, as the European Union threatened retaliation for any tariffs the Trump administration might impose.
Trump has 90 days to decide whether to act on the findings, which were delivered by Commerce Secretary Wilbur Ross on Sunday with no hint of the findings. Commerce started the investigation in May under Section 232 of the Trade Expansion Act — the same provision the administration used last year to slap tariffs on steel and aluminum.
Trump has threatened levies of as much as 25% on foreign-made vehicles. American and foreign-based auto manufacturers and dealers have lobbied against it. Companies and governments from Europe to Asia have warned Trump that tariffs on car imports would hurt the U.S. economy and disrupt the global auto industry, which is already mired in a slump.
[Read more here.]