Trump considering 25 per cent tariffs on foreign cars on 'national security' grounds
President Donald Trump is weighing the possibility of imposing a new round of tariffs of up to 25 per cent on imported goods, this time targeting automobiles produced all over the world.
If the administration were to move forward with the idea, it would justify it on national security grounds, The Wall Street Journal reported Wednesday.
Section 232 of the Trade Expansion Act of 1962 gives the federal government the authority to restrict trade on that basis.
A source with knowledge of Commerce Secretary Wilbur Ross's strategic thinking told DailyMail.com on Wednesday that steel, not the global automobile trade, is his focus.
