Vice President JD Vance told reporters Wednesday that few, if any, industries other than automakers will get exemptions from tariffs, The Hill reported.
Vance spoke with reporters as part of a visit to Texas and the border with Mexico. Vance responded to several questions about tariffs. He said President Donald Trump most likely will not agree to additional industry-based exemptions.
"A number of industries have reached out to us to ask us for exceptions to the tariffs," said Vance. "[Trump] wants tariffs to apply broadly. He doesn't want to have 500 different industries getting 500 different carve-outs."
Vance said business leaders know what to do.
"The way to avoid application of the tariffs is to have your factory and have your facility in the United States of America. That is the way: Invest in America," he said.
"That is how you will avoid being penalized by these tariffs."
Vance was also asked how Mexico could get out from under the 25% tariff imposed by Trump, and he responded that Mexico can "take this issue of immigration enforcement seriously," reported The Hill.
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