US Helps Car Makers
🚗 Cars • April 24, 2025
The US President has made a significant decision to exempt car makers from certain tariffs. This move comes after intense lobbying by industry executives, who had been concerned about the potential impact of these tariffs on their businesses. As a result, car makers will no longer have to pay extra money on their imports, which is expected to have a positive effect on their sales and revenue. The decision is seen as a major victory for the car makers, who had been advocating for this exemption for some time. The US President's decision is also likely to have broader implications for the automotive industry as a whole, as it may influence the way that other countries approach trade policies with the US. Furthermore, this move may also have an impact on the overall economy, as it could lead to increased economic activity and job creation in the automotive sector.
Vocabulary
Exempt ex-EMPT
Meaning: Not required to do something or pay something that others have to do or pay.
Same: free, excused
Opposite: required, forced
Example: The company was exempt from paying taxes.
Intense in-TENSE
Meaning: Very strong or severe.
Same: strong, extreme
Opposite: mild, weak
Example: The intense heat made it hard to work.
Tariffs TAR-ifs
Meaning: Taxes on goods or services that are imported from another country.
Same: duties, taxes
Opposite: none
Example: The country imposed tariffs on imported cars.
Implications im-pli-KAY-shuns
Meaning: Possible effects or results of a decision or action.
Same: consequences, results
Opposite: none
Example: The implications of the new law were not clear.
Advocating AD-vuh-kay-ting
Meaning: Supporting or speaking in favor of something.
Same: promoting, supporting
Opposite: opposing, rejecting
Example: The group was advocating for environmental protection.
