Trump hints at possible exemption of 25% auto tariff to help carmakers produce parts in the US
< p > Trump: Consulting on measures to help automakers ... hints at tariff exemption on autos < / p >
< p > On the 14th, US President Donald Trump made remarks suggesting that further exemption of 25% auto tariffs might be possible. < / p >
< p > That day, Trump met with reporters at the White House and in response to the question "Yesterday you said you would exempt some products from tariffs. What specific products are you considering?", Trump replied, "Measures are being discussed to help some automobile companies." The previous day, Trump had stated regarding semiconductor and smartphone (Apple iPhone) tariffs, "I will be flexible for some businesses," and on that day mentioned considering an exemption for auto tariffs. < / p >
< p > Trump said, "Auto companies are replacing parts currently produced in countries like Canada and Mexico with parts produced in the U.S." "They plan to produce those parts here, but it will take some time. That's what I'm referring to." Since March 3rd, the U.S. has imposed a 25% tariff on imported vehicles. However, concerns have arisen that American auto companies operating factories in places like Mexico and Canada, such as General Motors (GM), may become the biggest victims, so an exemption of U.S. parts for cars from Mexico and Canada that comply with the United States-Mexico-Canada Agreement (USMCA) has been granted. < / p >
< p > Source: Chosun Ilbo < / p >
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< img src = "//p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/f4bfe1c9c2dd41f699fa1bb312821f84~tplv-obj:688:456.image?_iz=97245&bid=15&from=post&gid=1829455145522304&lk3s=06827d14&x-expires=1752451200&x-signature=gZdksxhuso%2BwEWPem2jJmXzSeTc%3D" / >
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< p > Original article: https://www.toutiao.com/article/1829455145522304/ < / p >
< p > Disclaimer: This article represents only the author's views. < / p >
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