Trump wants auto trade probe to continue, action to be deferred: Ross

ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump wants the Commerce Department to continue its probe into whether tariffs on auto imports are warranted despite ongoing trade talks with the European Union, but he asked that no action be taken at this time, Commerce Secretary Wilbur Ross said on Thursday.

“We’ve been directed by the president to continue the investigation, get our material together, but not actually implement anything pending the outcome of the negotiation,” Ross told reporters aboard Air Force One. He said the department would wrap up its work next month.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.