Trump Eases Auto Parts Tariffs After Industry Warned One Supplier Issue Risks Halting US Production
The Trump administration announced steps to soften the blow of automotive tariffs on April 28, 2025, addressing concerns from carmakers about rising costs and supply chain disruptions. The adjustments target two key areas: reducing duties on foreign parts used in U.S.-made vehicles and preventing tariff “stacking” on imported cars. “President Trump is building an important partnership with both the domestic automakers and our great American workers,” Commerce Secretary Howard Lutnick said in a White House statement. “This deal is a major victory for the President’s trade policy by rewarding companies who manufacture domestically, while providing runway to manufacturers who have … Continue reading Trump Eases Auto Parts Tariffs After Industry Warned One Supplier Issue Risks Halting US Production
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