U.S. President Trump plans to implement a tariff exemption policy for automakers.

GateNews

2025-04-23 20:38:46

gate News bot message, The Financial Times reported that U.S. President Donald Trump is formulating a new round of tariff policies, planning to grant tariff exemptions to certain automobile manufacturers. This exemption involves two aspects: first, the tariffs imposed on imported automotive parts from China aimed at combating fentanyl production; second, the tariffs on steel and aluminum.

Reports indicate that this policy adjustment is a result of lobbying by industry executives. However, the 25% tariff on imported complete vehicles and the parts tariff that will take effect on May 3 are not included in this exemption.

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