Thread: Senators unveil bipartisan bill meant to delay Trump auto tariffs

Senators unveil bipartisan bill meant to delay Trump auto tariffs

Kevin Breuninger
Published 14 Mins Ago Updated Moments Ago CNBC.com

Sens. Doug Jones, D-Ala., and Lamar Alexander, R-Tenn., Wednesday introduced a bill intended to delay tariffs of 20 to 25 percent on imported cars and trucks President Donald Trump is reportedly considering.

The bill would require the International Trade Commission to conduct "a comprehensive study of the well-being, health, and vitality of the United States automotive industry before tariffs could be applied," according to a press release.

The White House did not immediately respond to CNBC's request for comment on the bill.

In June, Trump threatened to slap a 20 percent tariff on imports from members of the European Union if that organization's trade barriers "not soon broken down and removed."

https://www.cnbc.com/2018/07/25/sena...o-tariffs.html

LOL!! Wow, it didn't take long to expose these snakes.