Trump Grants Big-3 Automakers Temporary Tariff Relief

Trump Grants Big-3 Automakers Temporary Tariff Relief​

U.S. Delays Some Auto Tariffs for North American-Built Vehicles​

President Donald Trump has agreed to delay some automotive tariffs for one month following discussions with top executives from the Detroit Big-3 automakers. The decision aims to ease pressure on General Motors (GM), Ford Motor Company, and Stellantis, whose leaders pushed for relief on 25% tariffs applied to vehicles imported from Mexico and Canada.

Trump Grants Big-3 Automakers Temporary Tariff Relief

President Donald Trump has agreed to delay some automotive tariffs for one month following discussions with top executives from the Detroit Big-3 automakers. The decision aims to ease pressure on General Motors (GM), Ford Motor Company, and Stellantis, whose leaders pushed for relief on 25%...

moparinsiders.com

 

[bill burke]

Bringing production back to the US is a lofty policy, but not a one policy fits all in reality. Giving manufacturers such rigid deadlines are not possible. The “art of the deal” is being realistic and pragmatic. This pause is the first step to creating something all parties can live with and benefit from in the end. Right decision.

 

[vbondjr1]

I am genuinely all for bringing things back to the States and opening up opportunities for jobs and all of that stuff, especially in the industry that I love so much and put the last 20-years of my life into. I realize that our current government is trying to do certain things within the 4-year period so that it doesn't unravel as soon as the next party gets in. There comes a point where things need to be realistic and not as knee-jerk panic driven as things have been. I'm not totally sold on the idea of putting extreme tariffs on Canada and Mexico because I feel that we should be working more with our neighbors than anything else. Everywhere else, sure. I understand the clock is ticking but what would help would be to sit down and talk with everyone for the first year on making a plan on what would work and then spending the next three years executing said plans.

 

[Jeeper1961]

Stellantis says it's aiming for more American manufacturing, thanks Trump for tariff exemption

Stellantis is thanking the Trump administration for giving it a one-month exemption from tariffs on Canada and Mexico, saying it aims to build more cars in the U.S.

www.foxbusiness.com

 

[crouchta]

I am genuinely all for bringing things back to the States and opening up opportunities for jobs and all of that stuff, especially in the industry that I love so much and put the last 20-years of my life into. I realize that our current government is trying to do certain things within the 4-year period so that it doesn't unravel as soon as the next party gets in. There comes a point where things need to be realistic and not as knee-jerk panic driven as things have been. I'm not totally sold on the idea of putting extreme tariffs on Canada and Mexico because I feel that we should be working more with our neighbors than anything else. Everywhere else, sure. I understand the clock is ticking but what would help would be to sit down and talk with everyone for the first year on making a plan on what would work and then spending the next three years executing said plans.

I get what you're saying and agree. As I understand it, the tariffs are more about pressuring Canada and Mexico to do more to secure the borders from their sides than balancing trade.