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Tag Archives: Automotive industry

US automotive industry granted one month exemption from tariffs

Mohamed Abdelhamid Forex Market, Global Stock Market, Market Update

White House Press Secretary Karoline Leavitt announced that President Donald Trump has granted the U.S. automotive industry—a sector heavily reliant on international trade—a one-month exemption from the newly imposed 25% tariffs on imports from Canada and Mexico. The administration is also exploring additional exemptions or delays, signaling a shift in …

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