In an aerial view, the new Subaru cars sit in a storage lot in Auto Warehouse Co. On March 4, 2025 in Richmond, California.
Justin Sullivan | Getty images
The White House on Wednesday announced a one -month tariff exemption for car manufacturers after President Donald Trump spoke a day before with the bosses of General Motors, Ford motor and Stellantis.
Automobile manufacturers have urged Trump to renounce 25% tariffs on Mexico and Canada in vehicles that comply with the rules of origin of the United States-Mexico-Canadá.
“The reciprocal tariffs will still be valid on April 2, but at the request of the companies associated with USMCA, the president is giving them an exemption for a month, so they are not at an economic disadvantage,” said press secretary Karoline Leavitt on behalf of Trump.
Leavitt confirmed that car manufacturers requested Tuesday's call with Trump, who mentioned him during his speech to Congress later a day.
The White House said it granted a one -month delay for tariffs to car manufacturers whose cars comply with USMCA, which was negotiated under Trump's first mandate in office.
The actions of these car manufacturers increased between 4% and 9% on Wednesday afternoon.
It was not clear immediately if only vehicles will be exempt or if automotive pieces would also be included.
The exemption allows additional preparation and discussions between the White House and the automotive industry in rates. It also aligns more closely with possible vehicle tariffs in imports from North America.
Trump said previously that these rates would be confirmed on April 2, in an impulse for car manufacturers to invest more in the US. UU. For vehicle production.
The American Automotive Policy Council, which represents Ford, GM and Stellantis, all of which are strongly affected by rates, earlier this week argued that vehicles and pieces that meet the USMCA requirements must be exempt from the increase in the rate.
“Our American car manufacturers, who invested billions in the US Missouri Matt Right, president of AAPC, in a declaration of America on Monday night.
S&P Global Mobility reports that 25 car manufacturers produce 63,900 light passenger vehicles in North America per day. Most of them, approximately 65%, are assembled in the United States, followed by 27% in Mexico and 8% in Canada.
These are last -minute news. Update the updates.
