The FT is reporting that Trump will exempt carmakers from some US tariffs

The FT is reporting that Trump will to exempt carmakers from some US tariffs

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FT is gated, however the gist of it’s that Trump is anticipated to ease again on a few of his hardest tariffs affecting the auto business.

• intends to exclude automotive elements from the China-focused tariffs tied to fentanyl manufacturing, in addition to from present metal and aluminium duties, — successfully “destacking” the levies.
• there was heavy lobbying by carmakers to have him rethink.

FT cites two sources accustomed to the plan.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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