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Trump Administration Considers Tariff Relief for U.S. Automakers

10/4/2025

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Summary

Story summary

The Trump administration is weighing tariff relief for U.S. automakers, potentially aiding Ford, General Motors (GM), and Toyota.
Senator Bernie Moreno said automakers with final U.S. assembly could be tariff-exempt.
Following the report, Ford rose 3.7% and Stellantis rose 3.2%.
A White House official said discussions on tariff changes are speculative until official action is taken.

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Story summary

The Trump administration is weighing tariff relief for U.S. automakers, potentially aiding Ford, General Motors (GM), and Toyota.
Senator Bernie Moreno said automakers with final U.S. assembly could be tariff-exempt.
Following the report, Ford rose 3.7% and Stellantis rose 3.2%.
A White House official said discussions on tariff changes are speculative until official action is taken.