Trump Grants One Month Reprieve on Auto Tarriffs
“Lower than 48 hours after slapping tariffs on all items from Canada and Mexico, President Donald Trump agreed to a one-month reprieve for car imports that qualify for duty-free remedy below the North American commerce settlement negotiated throughout his first time period,” the Washington Submit studies.
“The president’s determination adopted a phone dialog with executives from the Huge Three automakers — Common Motors, Ford and Stellantis — who sought reduction from the brand new import taxes. Every of the automakers over the previous a number of a long time has developed complicated provide chains that cross North American borders a number of occasions earlier than delivering a completed product.”
