Automakers expect Trump to delay tariff decision for Japan and EU

Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars and parts from the European Union and Japan amid an ongoing trade war with China, five auto officials told Reuters. The anticipated delay – expected to be announced later this week – comes as foreign automakers are eager to highlight U.S. investments to try to dissuade Trump from using tariffs that they argue could cost U.S. jobs.