Options Tariffs: Options and Auto Tariffs

options tariffs: The 25% levy is still on the table, and it will be one of the options presented in Commerce's document, according to a report by German magazine Wirtschafts Woche, according to Market Watch. But the magazine also said there will be two other options tariffs of 10%, which would match the European Union's approach, or targeted duties that only would get imposed on certain imports, such as electric cars and their parts. The report, expected to come as soon as Sunday, was requested in May by President Donald Trump, who at that time was considering new auto tariffs of as much as 25% on national-security grounds. The potential for the lesser options could be seen as a positive sign by anyone hoping for global trade tensions to ease, said Morgan Stanley strategists Michael Zezas and Meredith Pickett in a note to clients. We expect auto tariffs to be implemented by the summer, but be quickly rolled back, unless market moves change the administration's views first. Read more Study finds Japanese, German imports would get slammed by new auto tariffs Don't underestimate the risk of auto tariffs, Zezas and Pickett also wrote. (news.financializer.com). As reported in the news.