Home NEWS Trump exempts Big 3 automakers from Canada, Mexico tariffs for 1 month

Trump exempts Big 3 automakers from Canada, Mexico tariffs for 1 month

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U.S. President Donald Trump is giving the Big Three automakers a one-month exemption from sweeping tariffs he imposed on Canada and Mexico, the White House confirmed Wednesday. The exemption came after Trump held a call earlier Wednesday with representatives of Stellantis, Ford and General Motors at the request of the companies, which rely on North American production lines enshrined in the United States-Mexico-Canada Agreement (USMCA).
“We are going to give a one-month exemption on any autos coming through USMCA,” White House Press Secretary Karoline Leavitt said, reading from a statement she attributed to Trump.
“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.”
Leavitt told reporters the reprieve was meant to give those companies time to shift investments to the U.S. Trump has repeatedly said he wants to boost the domestic auto manufacturing sector, using tariffs to move away from free trade routes…              Source: globalnews.ca/

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