Trump values ​​pause agricultural tariffs and postpone cars

Washington. The government of President Donald Trump values ​​exempting some agricultural products from the tariffs of 25 percent taxes to Mexico and Canada, said the Secretary of Agriculture, Brooke Rollins, at a time when the concern for the price increase in the country derived from the tariffs of the two commercial partners of North America grows. Yesterday, the White House announced that US cars manufacturers will be exempt for a month of paying the rates for exports that make from Mexico and Canada to the United States, as long as they meet the terms of the T-MEC in terms of not including Chinese components.

Both ads were just one day after the entry into force of 25 percent tariffs to Mexico and Canada and 10 percent to China, which are the three main suppliers of the US market.

Everything is on the tableRollins said in statements to Bloomberg News regarding a possible pause in tariffs on agricultural products. He said to have hopes that the White House soon offers these rates. According to data from the National Agricultural Council of Mexico, about 60 percent of the vegetables and fruits that the United States arrive from Mexican Campos.

As for the specific exemptions and cuts for the agricultural industry, perhaps (occur) for fertilizers; It is about to be determinedRollins explained. We trust the president’s leadership in this matter. I know that you are very focused on these communities. Rollins went to the White House to meet with Trump and other economic leaders to deliberate on the way to follow. The legislators of the states with strong agricultural interests have asked the magnate to establish tariff exemptions for fertilizers and other fundamental products for the growth of US crops, according to Bloomberg.

Exemption to automotive

Before the announcement of exemptions to the manufacturers of US cars (which will not pay for a month of 25 percent), the US president held a call with the executive presidents of General Motors and Ford and the president of Stellantis (Fiat and Chrysler), the White House reported.

Trump is also open to listen to other products that should be exempt from the encumbrances, said the White House.

Tariffs pose extreme difficulties for car manufacturers in the three countries, which often send pieces through the borders of North America several times as they become finished systems and vehicles.

The exemption for cars and trucks refers to the fact that they meet the condition of the T-MEC of not including components from outside these countries, particularly from China.

Trump would also eliminate 10 percent on Canadian imports of energy, such as oil and gasoline, which comply with the rules of origin of the T-MEC, said a source familiar with discussions.

The ads were also given after a conversation with Prime Minister Justin Trudeau, whom Trump reproached not having done enough to stop the smuggling of fentanyl.

(With information from Reuters, AP and AFP)