Trump mulls exempting automakers from some US tariffs: White House

23/04/2025 Argaam

President Donald Trump is considering exemptions for automakers from some tariffs announced by his administration, the White House confirmed Wednesday to CNBC.
 
The confirmation follows a Financial Times report that Trump is planning to exempt imported auto parts from 20% tariffs imposed on China over drug smuggling.
 
The exemption would be separate from the 25% tariffs imposed on imported vehicles from all countries, and the 25% tariffs on imported auto parts that is scheduled to take effect by May 3.

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