Trump Administration Upholds Tariff on GM's Chinese-Made Buick
- Carmaker sought relief to help stave off `foreign competitors'
- White House also denies exemption for Volvo SUV made in China
A General Motors Co. Buick Envision
Photographer: Andrew Harrer/Bloomberg
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The largest U.S. automaker can’t get a pass on tariffs snagging one of its models. The Trump administration refused to grant General Motors Co. an exclusion for its Chinese-built Buick Envision sport utility vehicle, keeping in place a 25% duty on the import.
In a letter dated May 29, the Office of the U.S. Trade Representative denied the requested tariff relief by saying the vehicle was “strategically important or related” to Chinese industrial programs such as "Made in China 2025," which it views as a national security risk. That initiative issued by Chinese Premier Li Keqianq is designed to help the country produce higher-value products.