Trump Grants One-Month Exemption On Tariffs

March 5, 2025 4:53 am

WASHINGTON (AP) — President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers. Worries persist that the newly launched trade war could crush domestic manufacturing. The announcement comes after Trump spoke with leaders of the “big 3” automakers, Ford, General Motors, and Stellantis on Wednesday. Asked if 30 days was enough for the auto sector to prepare for the new taxes, White House press secretary Karoline Leavitt says Trump told them: “He told them that they should get on it, start investing, start moving, shift production here to the United States of America where they will pay no tariff.”