On April 15th, US President Trump stated that he is considering temporary exemptions from tariffs on imported cars and parts to allow car companies more time to establish production facilities in the United States. Trump told reporters in the Oval Office on Monday, “I am considering some measures to help car manufacturers. They are turning to parts produced in Canada, Mexico, and other places, and they need some time because these parts will be produced domestically in the United States in the future.” Trump made the above answer when asked which products to consider short-term exemptions for. He did not specify how long the suspension or reduction of car tariffs would last.
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