<Anchor>
The US government has been pushing tariffs on imported vehicles and parts, and this decision has been postponed for six months. President Trump's announcement shows that Korea may be exempted from tariffs six months later, with a cautious outlook.
It is the official correspondent in Washington.
<Reporter>
President Trump said he decided to postpone 180 days of high tariffs on imported cars and parts from a proclamation issued by the White House.
Targets are cars and parts imported from the European Union, Japan and other countries, and the tariff decision was delayed in November.
President Trump 's delay in postponing tariffs seems to have taken into account the ongoing trade negotiations with China, the Trade Union, the European Union and Japan.
It seems that they will use tariff decisions on imported cars as bargaining cards while avoiding the surge.
Earlier, the US Department of Commerce submitted a research report on the impact of imported cars and components on US national security in February, and Trump was scheduled to complete the report review and make a final decision by tomorrow.
President Trump has been pushing for 25 percent tariffs on import cars and parts, saying they harm national security.
In this proclamation, the Korea-US free trade agreement, which was renegotiated without mentioning the exemption from customs duties, will only help counter the national security threat.
As a result, there is a positive interpretation that Korea may be excluded from the tariff decision in the future.
Trump "car tax decision 6 months postponement" ... 'Exemption from Korea' prospect
2019-05-17T23:03:02.709Z
- South Korea Escalates Psychological Warfare with Propaganda Broadcasts Amid North’s Balloon Campaign
- Historic Guilty Verdict: Donald Trump Convicted on 34 Counts Amidst Political Tumult
- Six-Year-Old Goes Viral for Upstaging Rep. John Rose’s Speech Defending Trump
- Federal Judge Orders Steve Bannon to Serve Prison Time by July 1
- Trump Found Guilty on 34 Felony Counts Ahead of Presidential Election, Faces Prison Time
The US government has been pushing tariffs on imported vehicles and parts, and this decision has been postponed for six months. President Trump's announcement shows that Korea may be exempted from tariffs six months later, with a cautious outlook.
Source: sbskr