The President of the United States, Donald Trump, is expected to postpone his decision on the imposition of tariffs on cars imported from the European Union (EU) and Japan for up to six months.

The Trump administration  is set to formally announce a due date for Trump to make a decision on the automotive tariff increases in concurrence with the recommendations by the U.S. Commerce Department on Saturday, May 18.  Automakers reportedly anticipate that the decision will be postponed while negotiations with the European Union and Japan continue.

On October 25, a surtax of 25% will be imposed on the imports of steel products if the imported volume exceeds the quota limits. The details regarding the quantity of such goods that may be imported under tariff rate quotas (TRQ) can be accessed from the notice issued to importers. The quota rates will be applicable for a period of 50 consecutive days.

The Canadian government announced these provisional safeguard measures on certain steel products on October 11. The notification issued by the Government of Canada argue that the influx of steel imports from the United States and other countries into Canada is a serious threat to its domestic market. According to the Canadian Department of Finance, the countermeasures were erected in response to the U.S. tariffs on Canadian steel and aluminium that adversely affects domestic steel producers and workers.

Just days after President Trump shared his decision to double tariffs on Turkish steel and aluminum, Turkey announced that it will also be imposing retaliatory tariffs of up to 140%.

On Wednesday, the Turkish Official Gazette published the decree of President Recep Tayyip Erdogan, which raised tariffs on a wide range of U.S. goods, including cars, rice, alcoholic beverages, tobacco products, cosmetics, and coal. In the case of rice, the rate is 50% of its value, 140% for alcoholic beverages, and 120% for automobiles. Overall, the duties will amount to $533 million.