The Trump administration’s section 232 “national security” review of the automotive industry could be completed in time for the midterm elections. That would have the dual benefits of delivering another trade “win” for the administration during the electioneering process as well as reducing Republican Senators’ enthusiasm for curbing President Trump’s section 232 powers. An early decision could also allow the U.S. to further target Chinese exports. While $1.6 billion of Chinese car exports in the 12 months to April 30 are potentially targeted under the section 301 “intellectual property”...
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