The Trump administration is considering granting automakers relief from his now-in-effect 25% tariffs on Canada and Mexico, according to sources quoting Commerce Secretary Howard Lutnick to Reuters. The relief will be granted on a case-by-case basis and dependent on whether companies are compliant with Trump’s prior trade pact, the USMCA, which took effect in 2020.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?