The announcement came one day after Trump imposed 25% taxes — or tariffs — on Mexican and Canadian imports, which experts worried would hamstring Michigan's auto industry.

Facing supply chain chaos and higher costs for consumers, Michigan auto leaders convinced President Donald Trump to give them a temporary exemption to 25% tariffs on imports from Canada and Mexico.

Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.