Trump Rejects Ford Aluminum Tariff Relief Requests Amid Supply Headwinds From Oswego Fire: Report

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President Donald Trump has reportedly rejected Ford Motor Co.‘s (NYSE:F) request for tariff relief on Aluminum amid supply chain constraints caused by a fire incident at a key supplier last year.

Donald Trump Rejects Aluminum Tariff Relief

Trump rejected requests from Ford and other U.S. automakers following a fire incident at Novelis‘ plant in New York State, the Wall Street Journal reported on Tuesday, citing unnamed sources familiar with the matter, which said that the automaker hasn’t requested relief from tariffs in a “particularly pronounced way.”

Ford and the White House didn’t immediately respond to Benzinga‘s request for comment.

The fire incidents caused major headwinds in the production of the Ford F-150 Pickup Truck. In the report, officials from the Trump administration stressed that automakers were provided with relief from a few national security tariffs and that discussions on aluminum relief are part of larger negotiations …

Full story available on Benzinga.com

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