President Trump on Monday suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector to give carmakers time to overhaul their complex supply chains.
Mr. Trump told reporters gathered in the Oval Office that automakers “need a little bit of time” to relocate production from Canada, Mexico and elsewhere to the U.S.
Car manufacturers’ supply chains are tightly interwoven with other nations, making it almost impossible to make vehicles entirely in the United States.
Because U.S. automakers source many of their car parts from key trade partners, including Canada, Mexico and China, a fully American-made car doesn’t exist, according to experts.