US EditionTrump considering exemption for automakers on some tariffs, White House says
- President Trump is considering tariff exemptions for automakers, confirmed by the White House on Wednesday.
- This consideration follows intense lobbying by the automotive industry seeking relief from tariffs.
- He intends to exempt vehicle components imported from China from specific duties.
- A 25% duty on automotive components imported from abroad is set for May 3.
- The potential exemptions could help automakers manage rising costs and supply chain disruptions.
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Colorado Springs Gazette+2 Reposted by 2 other sources
Trump to exempt carmakers from some US tariffs, FT says
(Reuters) -U.S. President Donald Trump is planning to spare carmakers from some tariffs following intense lobbying by industry executives over recent weeks, the Financial Times reported on Wednesday, citing a couple of people familiar with the matter.
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Total News Sources21
Leaning Left4Leaning Right4Center5Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 31%
C 38%
R 31%
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