Trump Expected to Ease Auto Tariffs After Industry Pressure, Financial Times Reports
- President Trump is expected to grant tariff exemptions for certain car parts.
- This consideration follows intense lobbying by the United States auto industry.
- The industry voiced concerns over existing 25 percent vehicle tariffs and upcoming parts duties.
- A research analysis estimated tariffs could increase automaker costs by $108 billion in 2025.
- These anticipated exemptions offer partial relief but remaining tariffs challenge industry cost structures.
25 Articles
25 Articles
Trump’s tariff exemptions for car parts bring mixed relief to automakers
U.S. President Donald Trump is expected to grant tariff exemptions for car parts, offering partial relief to automakers amid intense industry lobbying. Trump’s tariff exemptions aim to ease the burden of trade policies disrupting the auto sector. The expected tariff exemptions will spare car parts from duties targeting Chinese imports and those on steel and aluminum, per two sources familiar with the matter. Sources called the strategy a “destac…
Trump Considering Auto Tariff Exemptions, White House Confirms - The Thinking Conservative
Trump is considering tariff exemptions for automakers following lobbying by industry leaders warning of disruptions to supply chains and rising consumer costs. The post Trump Considering Auto Tariff Exemptions, White House Confirms appeared first on The Thinking Conservative.
Trump Considering Auto Tariff Exemptions, White House Confirms
President Donald Trump is considering potential tariff exemptions for automakers, a White House official confirmed to The Epoch Times on April 23, following weeks of intense lobbying by industry leaders warning of disruptions to supply chains and rising consumer costs. Although the official did not provide specifics, the confirmation comes as automakers and suppliers voice growing concerns over the Trump administration’s 25 percent tariff on imp…
Trump Expected to Ease Auto Tariffs After Industry Pressure, Financial Times Reports
WASHINGTON – President Donald Trump is expected to exempt certain car parts from upcoming tariffs, following intense lobbying from the U.S. auto industry, the Financial Times reports. While the existing 25% tariff on foreign-made vehicles remains, exemptions are being considered for components caught in broader duties tied to Chinese imports and metal tariffs. A separate […]
Trump Weighs Tariff Exemptions for U.S. Automakers Amid Industry Pressure
timesng.com: Qingdao, China – President Donald Trump is considering a potential exemption for U.S. automakers from certain tariffs imposed on imports from China, the White House confirmed Wednesday. This comes as the automotive industry faces rising pressures due to new tariffs set to take effect on May 3. The proposed exemption would specifically target tariffs on […] This post Trump Weighs Tariff Exemptions for U.S. Automakers Amid Industry Pr…
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