Trump plans to exempt carmakers from some tariffs - FT report
Citing two individuals with knowledge of the matter, The Financial Times reported earlier today, Wednesday, that President Donald Trump intends to exclude carmakers from some of the planned tariffs.
- Economy
- Reuters
- Published Date: 11:36 | 23 April 2025
U.S. President Donald Trump is planning to spare carmakers from some tariffs, The Financial Times reported on Wednesday, citing two people with knowledge of the matter.
Car parts would be exempted from tariffs that are being imposed on imports from China over fentanyl and tariffs levied on steel and aluminum, the report added.
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