President Trump said Thursday he is delaying for roughly one month tariffs on Mexican imports that are covered under a North American trade agreement signed during his first term. Trump posted on
President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week.
The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.
The president announced that he’s granting a one-month exemption on his new tariffs on imports from Mexico and Canada for auto manufacturers in the U.S.
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.
President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier. The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement,
After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.
President Donald Trump is granting a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers.