President Trump is expected to lessen the impact of his automotive tariffs. This will prevent the addition of tariffs on foreign-made cars to existing tariffs and reduce levies on imported auto parts used in U.S. manufacturing.
Automakers will avoid paying additional duties such as those on steel and aluminum, alongside the automotive tariffs. This measure will apply retroactively, allowing reimbursements for already paid tariffs.
The 25% tariff on foreign-made cars began early this month.
WASHINGTON—President Trump is expected to soften the impact of his automotive tariffs, preventing duties on foreign-made cars from stacking on top of other tariffs he has imposed and easing some levies on foreign parts used to manufacture cars in the U.S., according to people familiar with the matter.
The decision will mean that automakers paying Trump’s automotive tariffs won’t also be charged for other duties, such as those on steel and aluminum, according to people familiar with the policy. The move would be retroactive, the people said, meaning that automakers could be reimbursed for such tariffs already paid. The 25% tariff on finished foreign-made cars went into effect early this month.
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