People need to understand this is just a 30 day adjustment period so the corporations can move forward in preparation of the new taxes on them.
By Ana Swanson and Jack Ewing
President Trump (click here) said on Wednesday that he would pause tariffs on cars coming into the United States from Canada and Mexico for one month, after a 25 percent tariff that he placed on America’s closest trading partners a day earlier roiled stock markets and prompted stiff resistance from industry.
Karoline Leavitt, the White House press secretary, read a statement from Mr. Trump on Wednesday saying that White House had spoken with the three largest auto makers, and that a one-month exemption would be given to cars coming in through United States-Mexico-Canada Agreement.
“At the request of the companies associated with U.S.M.C.A., the president is giving them an exemption for one month so they are not at an economic disadvantage,” the statement said. The three automakers that Mr. Trump spoke with were General Motors, Ford Motor and Stellantis....
