Trump Grants One Month Reprieve on Auto Tarriffs

“Less than 48 hours after slapping tariffs on all goods from Canada and Mexico, President Donald Trump agreed to a one-month reprieve for automobile imports that qualify for duty-free treatment under the North American trade agreement negotiated during his first term,” the Washington Post reports.

“The president’s decision followed a telephone conversation with executives from the Big Three automakers — General Motors, Ford and Stellantis — who sought relief from the new import taxes. Each of the automakers over the past several decades has developed complex supply chains that cross North American borders multiple times before delivering a finished product.”