On-point: Where is Trump's tariff flexibility on autos coming from?

Trump's hint at tariff relief is indeed good news for many but it's also important to read behind Trump's tariff formula.

For that, we turn to Professor Greg Buchak this morning.

Welcome.

1. U.S President Donald Trump is now considering pausing his auto tariffs.

Where is this flexibility coming from?

2. The Trump administration says it'll prioritize its allies including South Korea, Australia, the UK, and Japan when it comes to tariff negotiations.

Will that be helpful? Great news for South Korea? Or not really?

3. Trump also signaled flexibility on iPhones.

Is this generosity to help Apple?

Where is THIS flexibility coming from?

4. China is looking to survive through Trump's tariff pressure.

Isn't President Xi Jinping on a trip to Vietnam?

5. The U.S. has also begun national security probes into semiconductor and pharmaceutical imports.

How much information and what kind of data does the government collect for the president to adjust imports to the U.S. and make a final call?

Thanks so much for connecting with us today.

We appreciate it.