Trump Exempts Autos from Tariffs

This is a news story, published by financialpost, that relates primarily to The White House news.

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month tariff exemption

financialpost

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Technology

Trump grants auto tariff reprieve, tells big three to start moving production to the U.S.

Summary

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56% Informative

The White House will give a one-month tariff exemption to autos associated with the United StatesMexicoCanada Agreement ( USMCA ) The exemption was made following a call between Trump and automakers Stellantis NV , Ford Motor Co. and General Motors Co. Half the parts and components in Canadian -built cars originate from the U.S. Auto manufacturing accounts for 128,000 direct Canadian jobs.