The Trump administration has signalled tariff relief on auto parts following intense lobbying by industrial leaders. On Monday, White House officials confirmed President Trump’s plan to reduce tariffs on auto parts for cars manufactured in the United States, as first reported by The Wall Street Journal. The administration will also prevent automakers from paying tariffs on top of existing levies, such as those on steel and aluminium. A proclamation formalising the change is expected to be signed by the president as soon as Tuesday.
“President Trump is building an important partnership with both the domestic automakers and our great American workers,” said Commerce Secretary Howard Lutnick in a statement. “This deal is a major victory for the president’s trade policy by rewarding companies that manufacture domestically, while providing runway to manufacturers who have expressed their commitment to invest in America and expand their domestic manufacturing.”
