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@ Yahoo! News - by layer3.news
2025-03-05 20:05:45
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✍️ The White House has granted a temporary reprieve from tariffs to the Big Three automakers, Ford, GM, and Stellantis, after a call with President Trump.
👉 The White House granted a temporary reprieve from tariffs to the Big Three automakers
👉 The reprieve is a one-month exemption from tariffs on autos coming from Mexico and Canada
👉 The tariffs could increase the cost of vehicles by $4,000 to $12,000
👉 Automakers are expected to pass on the costs to consumers
👉 The Alliance for Automotive Innovation claims that almost the entire tariff will hit the sticker price
#JohnBozzella #KarolineLeavitt #PrasSubramanian #Mexico #Canada #WhiteHouse #business
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