America will not introduce an import tax on European and Japanese cars in the coming six months. Sources report this to news agency Bloomberg and news channel CNBC.

President Trump must decide before May 18 whether he wants import duties on cars and car parts. That doesn’t seem to happen now. According to CNBC, this has everything to do with the trade war with China in which the United States is now involved.

Immediately after the announcement that the charges may be postponed, the share prices of car builders rise. The German DAX index therefore falls through the 12,000 point limit. Daimler wins more than 2%. The French Renault also partly cleans away the losses made earlier today.

The fear of import tariffs on European and Japanese cars rose sharply last year, when Trump ordered a report to answer the question of whether cars from overseas posed a threat to American national security. If the rates are indeed postponed, it is in principle for 180 days.

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