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Title : Trump Calls For 20% Tariff On Unusual Made Cars
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Trump Calls For 20% Tariff On Unusual Made Cars

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On Friday, President Donald Trump proposed to executives from the world’s biggest automakers a 20% tariff on vehicles brought into the U.S.A. as well as equally good subjecting imports to tougher emissions standards than domestic vehicles, reports The Wall Street Journal.

More from WSJ:

During a tense coming together at the White House that was billed equally a give-and-take of U.S.A. auto-emissions standards, Mr. Trump brought upward the effect of merchandise as well as targeted European auto makers for non edifice to a greater extent than vehicles inwards the U.S., according to the people briefed on the meeting. He hence proposed a 20% tariff on imported cars, which he equally good suggested would travel bailiwick to Obama-era emissions regulations, the people said...

The direction is considering novel emissions standards that could clash alongside those inwards California as well as is inwards the midst of negotiating a rewrite of North American Free Trade Agreement rules that principle which cars as well as auto parts tin travel traded inside the bloc without incurring duties...

One individual alongside noesis of the coming together said the Big Three Detroit auto makers stayed behind at the terminate of the session subsequently the unusual auto makers left. It was unclear what was discussed.

As I bring said many times, Trump has no agreement of basic economics. He has an 18th-century merchandise mentality.

Wharton should travel embarrassed that Trump graduated from the schoolhouse alongside a Bachelor of Science in economics.

-Robert Wenzel  

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