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President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.

“We are going to give a one-month exemption on any autos coming through USMCA,” White House Press Secretary Karoline Leavitt said, referring to the trade deal Trump negotiated with Canada and Mexico in his first term. “Reciprocal tariffs will still go into effect on April, 2, but at the request of the companies associated with USMCA, the president is giving them an exemption for one month so they are not at an economic disadvantage.”

Administration officials had met Tuesday to discuss the matter with the heads of Ford Motor Co., General Motors Co. and Stellantis NV, according to people familiar with the matter, who weren’t authorized to share the details publicly. 

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• S-3 Group Partner and Republican Strategist Ashley Davis about President Donald Trump's address to Congress Tuesday night.
• Boston Political Analyst and Host of "Keller @ Large" Jon Keller as Democratic Mayors testify on Capitol Hill.
• Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino as the White House moves to delay tariffs on Canada and Mexico autos for one month.
• Former Director of the Cyber Threat Intelligence Integration Center Laura Galante following the House Select Committee on the Chinese Communist Party hosted a hearing on Chinese cyber capabilities.
• Republican Senator Shelley Moore Capito of West Virginia about her reaction to Trump's speech.
• Former US Treasury Secretary Lawrence H. Summers about Trump's policy actions and the impact on the dollar.
  
  
  

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