Trump is expected to delay European auto tariffs for 6 months, report says

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Trump is expected to delay European auto tariffs for 6 months, report says
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Delaying the current deadline by six months would allow Trump to put off a decision on the new duties until the middle of 2020, when the presidential election is ramping up.

President Donald Trump is expected to push back a decision on whether to impose tariffs on European Union automobile imports for six months, Politico reports Monday, citing a person familiar with the decision.

The Trump administration has until Wednesday to decide whether to slap import tariffs on cars and auto parts.Porsche cars destined for export stand at Bremerhaven port on March 19, 2018 in Bremerhaven, Germany.President Donald Trump is expected to push back a decision on whether to impose tariffs on European Union automobile imports for another six months,The Trump administration has until Wednesday to decide whether to slap import tariffs on cars and auto parts.

Delaying the deadline by another six months would allow Trump to put off a decision on the new duties until the middle of 2020, when the presidential election is ramping up. The White House declined CNBC's request for comment on Politico's report. The Office of the U.S. Trade Representative did not immediately provide comment.

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