Eric Martin

3 weeks ago | news.bloombergtax.com | Maya Averbuch |Eric Martin |Josh Wingrove |Keith Laing

The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs. One measure would spare automobiles and parts already subject to tariffs from facing additional duties from levies on steel and aluminum imports, according to people familiar with the matter. That would eliminate so-called “stacking” of levies.

1 month ago | batimes.com.ar | Jorgelina do Rosario |Eric Martin |James Grainger

The International Monetary Fund intends to discuss a new loan for Argentina during an informal meeting between its staff and executive board next week in Washington, according to people familiar with the matter. The meeting, a key step toward a staff-level agreement for a new Argentina programme, will likely be on Tuesday, according to the people, who asked not to be named because the discussions are private.

2 months ago | news.bloombergtax.com | Josh Wingrove |Eric Martin |David Welch |Keith Naughton

President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders. “We are going to give a one-month exemption on any autos coming through USMCA,” White House Press Secretary Karoline Leavitt said, referring to the trade deal Trump negotiated with Canada and Mexico in his first term.