(Investing.com) – source market, the White House is expected to confirm today a period of up to 6 months to take a decision on possible tariffs US punitive damages against the european imports of car.
This report should also relate to the japanese cars, they also threatened to tariff US.
It also learns without surprise that it was Robert Lightizer, the representative of US Trade, who will lead the trade negotiations with the EU.
To summarize, a countdown of 180 days is expected to officially start today, after which the United States may decide to act, probably in the form of tariffs, if an agreement has not been reached by then.
It should be noted that although this news has already been leaked on Wednesday, the Euro seems to have another slight advantage today, probably because no official confirmation could not be duplicated.