Second trucks, following egg?
The , White House , said Wednesday that , President Trump , may acquire a carve-out exempting egg from the taxes he’s placed on , Mexico , and , Canada, following the announcement he granted a temporary relief from taxes on cars after force from the , U. S.  , business.
” The leader is open to hearing about more deductions. He often has opened dialogue”, said , White House , hit secretary , Karoline Leavitt, responding to a problem regarding the breakfast mainstay.
The incomplete but abrupt selloff of his financial plan is an example of the large amount of uncertainty embedded in Trump’s business plan that has already spooked company officials and roiled the Dow Jones Industrial average. But it also signaled a certain degree of flexibility in the chairman, who sees taxes as a negotiating tool for more border security but is open to coercion by titan of , U. S.  , business.
The , U. S.  , imports about ,$ 43 million in eggs , from , Canada , and prices have risen sharply to , nearly$ 5 a dozen , domestically — nearly double the cost from 2023.
Democrats , have been warning that Trump’s taxes may increase rates on most products and the stock market first reacted negatively to his strategy, before rebounding Wednesday on the news of the pleasure.
” Remember, about 40 % of the]car ] parts that are in American cars come from , Canada. But also housing, and groceries and food. Beef, dairy, eggs”, said Senate Democratic Leader , Chuck Schumer.
Leavitt confirmed at Wednesday ‘s , White House , press briefing that after speaking with leaders from the big three , U. S.  , automakers — , Stellantis,  , Ford , and , General Motors , — Trump permitted a , one-month tariff exemption , from any vehicle imports coming from , Canada , or , Mexico,” so they are not at an economic disadvantage”.
Trump’s 25 % tariffs on products from , Canada , and , Mexico , went into effect hours before the president’s address to a joint session of , Congress , Tuesday night.
Leavitt reiterated that “reciprocal tariffs will still go into effect on April 2”, leaving automakers four weeks to figure out production plans, supply chain adjustments and future investments.
Trump believes tariffs will make the , U. S.  , more prosperous by forcing companies to locate physical plants back domestically, reinvigorating the country’s manufacturing base.
He leaned into this argument during his congressional address Tuesday night, mentioning the word “tariff” 20 times, according to the official transcript.
” They will come because they won’t have to pay tariffs if they build in America”, Trump asserted of businesses operating outside the country. ” Tariffs are about making America rich again and making America great again… There’ll be a little disturbance, but we’re OK with that”.
The private, nonpartisan , Peterson Institute , calculates Trump’s tariffs on , Canada,  , Mexico , and , China , would cost American households an average of$ 1, 200 per year. And even Commerce Secretary , Howard Lutnick , acknowledged in an interview Wednesday that” there will be some high prices on certain products” for a short period of time.
But critics said that explanation isn’t reassuring given how long it will take for tariffs to have Trump’s intended effect.
” I would adjust my stock portfolio to assume that we are going to see significant global trade disruptions”, said , Matthew Yglesias, a liberal policy analyst who runs the Slow Boring Substack.
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