Donald Trump Hands Hands Carmakers for one month of definitions

Photo of author

By [email protected]


Open the newsletter to watch the White House for free

The White House said that Donald Trump had delivered car makers one month after the customs tariffs on imports from Mexico and Canada.

White House press secretary Caroline Levit said that the American president had spoken with Stelins, Ford and Gerale Motors on Wednesday.

Levitte added that the exemption will apply to cars that are compatible with the terms of the commercial deal for the year 2020 between the United States, Mexico and Canada.

“The president gives them one month exemption so that they are not in an economic situation,” Levitt said.

This sculpture comes after the markets interacted violently with the imposition of the Trump department by 25 percent on imports from Canada and Mexico, and an additional 10 percent tax in China, on Tuesday.

At one point, all post -election gains were eliminated in the S&P 500, before restoring the index.

Trump’s tariff sparked a growing trade war in North America, as Canada responded with very decline in all American imports. Mexico said it plans to announce its response on Sunday.

Leavitt suggested that more industries would be able to raise the issue to publish from the definitions, saying that Trump was “open to listening to additional exemptions.”

“He always has an open dialogue, and he will always do. What is right, what he thinks is suitable for the American people.”

But she said that Trump’s “mutual” tariff would remain in effect on April 2 as it is planned.

Levitte said: “He feels so strongly that, regardless of any exemption,” Levitte said. “This is where one month comes from.”

She said that Trump told the companies “obtaining it” and begins to transfer their production to the United States. “This is the ultimate goal.”

Earlier on Wednesday, US Trade Secretary Howard Lootnick said that Trump was “thinking” in relief for some sectors.

But he repeated the Trump administration’s complaints that Mexico and Canada have failed to get rid of the deadly opioid ventanille and suggested that any postponement may last only one month.

The shares jumped in US car manufacturers on Wednesday, when Ford amounted to about 5 percent, 6 percent GM oil, and Stelantis shares listed in New York by approximately 9 percent. Other car groups have also gained, as the shares listed in Wall Street in Japanese Toyota increased by 6 percent.



https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F21968489-d0e7-49eb-a8fd-58e6eba06257.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1

Source link

Leave a Comment