US President Donald Trump speaks with reporters as he departs the White House, in Washington, DC, on June 2, 2019. (Jim Watson / Getty Images President Donald Trump says he is not at this moment considering fresh tariffs on imported autos and parts from Japan that he has threatened, citing an agreement in principle with Japan on trade announced over the weekend.Its one of the reasons we made the deal, Trump said in a press conference at the conclusion of the G-7 summit in France.Its something I could do at a later date if I wanted to but were not looking at that. We just want to be treated fairly.The threat of steep new U.S tariffs on imported automobiles and components has loomed over the auto industry and major U.S. trading partners since the the U.S. Commerce Department in February found those imports could impair national security.Trump backed that finding in May, but delayed imposing new levies on the sector through at least mid-November to allow U.S. negotiators to pursue trade deals with Japan and the European Union.Trump had earlier said there would be no change to U.S. tariffs on Japanese autos after he and Japanese Prime Minister Shinzo Abe announced an agreement-in-principle over the weekend. During the press conference Monday, Trump also said the U.S. is very close to reaching a trade pact with the European Union, citing the specter of additional levies of up to 25 per cent on imported autos as a reason why.We made a great deal with Japan and were very close to maybe making a deal with the EU, because they dont want tariffs, its very simple. They dont want to tax cars, Mercedes-Benz, BMW, Trump said. I think were going to make a deal with the EU without having to go that route. I may have to go that route but maybe
Origin: Trump rejects new tariffs on Japan auto imports ‘at this moment’