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Trump eases auto tariffs with temporary relief plan
President Trump signed orders offering a 15 percent rebate on imported auto parts for U.S. finished cars, dropping to 10 percent next year, to offset a 25 percent vehicle tariff. A second order prevents stacking of tariffs on parts and metals. Officials say the moves aim to give automakers a quick path to reshore output while Canada expresses concern over inconsistent tariffs.
MENTIONED IN THIS ARTICLE
Washington
U.S
Donald Trump
Trump
White House
Commerce Department
Commerce
United States
Treasury
Scott Bessent
Bessent
Canada
Candace Laing
Canadian Chamber of Commerce
Laing
General Motors
Mary Barra