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Trump to Grant Some Auto Tariff Relief
Hindustan Times Navi Mumbai
|April 30, 2025
President Donald Trump was set to sign an executive order on Tuesday to soften the impact of his automotive tariffs, the White House said.
WASHINGTON:
Administration officials said the moves would alleviate some duties on foreign parts in cars manufactured in the U.S., while importers would not have to pay double tariffs on both cars and the materials used to make them.
"The President will sign the executive order on auto tariffs later today, and we will release it, as we always do," White House Press Secretary Karoline Leavitt said during a briefing with Treasury Secretary Scott Bessent about the administration's economic policy agenda.
The administration has yet to formally announce the measures to soften the tariffs, but administration officials have confirmed a report in the Wall Street Journal that companies paying car tariffs would no longer be charged other levies, such as on aluminum and steel.
Reimbursements would be given for such tariffs that had already been paid.
This story is from the April 30, 2025 edition of Hindustan Times Navi Mumbai.
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