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InsideEVs
InsideEVs
Business

Trump Gives Automakers A Brief Break On Tariffs

  • Trump will exempt automakers from the 25% tariff on Mexican and Canadian goods for at least a month, the White House said.
  • The exemption applies to vehicles that comply with the relatively complicated criteria set out in the U.S.-Mexico-Canada free trade agreement.
  • Moving an automotive supply chain takes a lot longer than a month, though, so this isn't the end of the problem for car companies.
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