White House Grants One-Month Tariff Exemption for Automakers
The reprieve applies to cars from Canada and Mexico that comply with the free-trade deal between those two countries and the U.S.
The Big 3 automakers wanted a tariff exemption. Trump has given them one month.
The White House said Donald Trump spoke to Stellantis, Ford, and General Motors officials who asked for the tariffs exemption.
Trump grants tariffs pause for U.S. automakers after talks with Michigan’s ‘Big 3′
The announcement came one day after Trump imposed 25% taxes — or tariffs — on Mexican and Canadian imports, which experts worried would hamstring Michigan's auto industry.
U.S. automakers get one-month exemption on Mexico, Canada tariffs
WASHINGTON — President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.
Trump to Pause Auto Tariffs for One Month as Other Levies Continue
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
White House Already Walking Back Some of its Mexico and Canada Tariffs
That didn’t take long. The White House announced Wednesday it would delay a portion of its 25 percent tariffs on Mexico and Canada to appease automakers whose execs rang President Donald Trump and asked for special treatment.
Trump administration mulls one-month delay of US tariffs on cars from Canada, Mexico: report
Officials reportedly met with Ford, General Motors and Stellantis NV executives on Tuesday to discuss the impact of the tariffs and possible relief measures.
Trump will delay some auto tariffs after Detroit Three push
President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.
President Trump grants temporary tariff exemption for the Big Three automakers
President Donald Trump granted a one-month tariff exemption to any autos coming from Mexico and Canada for Ford, General Motors, and Stellantis.
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