US EditionTrump 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.
23 Articles
23 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's auto tariffs could cost U.S. carmakers over $107B - Central Penn Business Journal
Trump’s 25% tariffs could cost automakers $107.7 billion Dealers implement price protection and special incentives Uncertainty persists due to lack of tariff clarity from the government Pandemic-era shortages continue to affect new and used car markets A recent study released by the Center for Automotive Research (CAR) found that all U.S. automakers could see a staggering increase cost of $107.7 billion because of the Trump Administration’s…
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