Ross: Auto tariffs still possible; critics ‘don’t understand’ Section 232
Rebutting claims that the administration’s authority to impose Section 232 tariffs on autos has lapsed, Commerce Secretary Wilbur Ross on Thursday said critics “simply don’t understand” the statute -- and adding that tariffs could materialize if other countries do “silly things” like implement digital services taxes. Senate Finance Committee member Pat Toomey (R-PA) and some trade analysts contend that the “window” for President Trump to impose auto tariffs has closed because the administration missed a 180-day deadline to take action...