WASHINGTON - The Trump administration has denied a General Motors Co request for an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility vehicle.
The denial of the nearly year-old petition came in a May 29 letter from the U.S. Trade Representative’s office saying the request concerns “a product strategically important or related to ‘Made in China 2025’ or other Chinese industrial programs.” GM said on Tuesday it was aware of the denial and has been paying the tariff since July. GM has not raised the sticker price to account for the tariff.
TedDixon Good !!!
davidshepardson Good. When we outsource everything to China—the 21st century’s equivalent of slave labor—our domestic workforce becomes obsolete.
MAGA!!
🤔
And the cost will be passed to the consumer. GM isn't going to take the money from its already underpaid Chinese workers; there simply isn't enough value to squeeze out that way. Congrats on raising your own taxes, MAGA.
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