WASHINGTON — Automakers around the world are awaiting a decision from President Donald Trump on whether he will impose up to 25 percent tariffs on U.S. light-vehicle and auto part imports after a 180-day review period elapsed this week.
Trump was briefed ahead of the expiration of the self-imposed deadline, which he set in May, to decide whether to again extend a review or impose tariffs that automakers have warned could cost jobs and dramatically boost vehicle prices.
“I’ll make a decision fairly soon. I was fully briefed and I’ll make a decision fairly soon,” Trump said on Wednesday.
