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Trump Exempts Some Car Parts from Tariffs Amid Lobbying

4/24/2025

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Summary

Story summary

President Trump will exempt specific car parts from tariffs due to U.S. auto industry lobbying.
The 25% tariff on foreign-made vehicles remains, with exemptions for certain Chinese imports and metal tariffs.
A 25% levy on car parts is scheduled to begin on May 3.
Industry leaders caution that tariffs may raise car prices and disrupt supply chains.

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Story summary

President Trump will exempt specific car parts from tariffs due to U.S. auto industry lobbying.
The 25% tariff on foreign-made vehicles remains, with exemptions for certain Chinese imports and metal tariffs.
A 25% levy on car parts is scheduled to begin on May 3.
Industry leaders caution that tariffs may raise car prices and disrupt supply chains.