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12/3, 11:51 PM (Source: TeleTrader)
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Ross: US may still impose auto tariffs

United States Commerce Secretary Wilbur Ross warned on Tuesday that Washington may still decide to impose tariffs on cars and car parts coming from the European Union.

Although the previous time limit for the US government's decision expired on November 14, another deadline had not been set, Ross stressed. He described the EU's intentions to retaliate if the US increases tariffs on French imports as "nothing new," while speaking in an interview for Reuters.

US President Donald Trump revealed on November 13 that a decision on the matter is coming "fairly soon."

Breaking the News / MS