Rhetoric: Japan Days and European Union

rhetoric: Toning down his rhetoric, Trump is expected to give the European Union and Japan 180 days to agree to a deal that restricts the U.S.'s imports of autos and car parts, Bloomberg News reported Wednesday, according to The Guardian. The Commerce Department found that American innovation capacity was at risk; low research and development spending posed a national-security threat; and imports continue to displace American-owned production, according to the report, which cited people familiar with the matter. Good thing it could just turn out to be bluster. Whether or not there's a delay shouldn't obscure the Trump administration's flawed logic. Companies in the U.S. aren't notable laggards in comparison to their rivals in Europe and Japan on R&D. Meanwhile, the U.S. is still drawing plenty of investment. If that's the premise for potentially disrupting the world's vast auto supply chain, there's still cause for worry. (news.financializer.com). As reported in the news.