Trump Temporarily Reduces Tariffs on Canadian
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129.08778
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Summary
Learn English with the President of the United States, Donald Trump. In this episode, President Trump talks about his plan to protect U.S. farmers and car manufacturers from Canada and Mexico in order to help them at this crucial time of the year.
Transcript
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In order to protect American car manufacturers and American farmers,
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we have two modifications to the IEPA tariffs that have already been announced against Canada and Mexico.
00:00:12.860
Essentially, what it will allow for is the flow of parts and sub-assembly products into America
00:00:21.380
to allow American car manufacturers to continue building cars.
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It basically excludes USMCA-eligible goods from existing tariffs.
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And also in order to help our farmers at this crucial time of year,
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we're going to be reducing the tariff imposed on Canadian potash from 25 percent to 10 percent.
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So this is a modification to our tariff regime to protect American car manufacturers and American farmers.
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It basically makes it more fair for our car manufacturers during the short-term period before April 2nd.
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April 2nd is a little bit different that will be much more significant but
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this during this interim period between now and April 2nd this makes it much
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more favorable for our American car manufacturers
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can you see that peter look nice to be tall peter right i see right over you can see it's so nice
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that's why he's such a gentleman he doesn't have to rush
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okay and this is the same just for mexico sir the previous one same thing for mexico