President Donald Trump will exempt automakers from proposed tariffs on Mexico and Canada for one month after pleas from industry leaders.
“We are going to give a one month exemption on any autos coming through USMCA,” White House press secretary Karoline Leavitt said during a press conference on Wednesday.
“Reciprocal tariffs will still go into effect on April, 2, but at the request of the companies associated with USMCA, the president is giving them an exemption for one month so they are not at an economic disadvantage,” she continued.
Bloomberg wrote:
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