Trump Grants Tariff Relief for Automakers Producing in the US

Automakers welcome the president’s flexibility on auto tariffs.
Trump Grants Tariff Relief for Automakers Producing in the US
Workers put engines on the frame of Ford Motor Co. fuel-powered F-150 trucks under production at its truck plant in Dearborn, Mich., on Sept. 20, 2022. Jeff Kowalsky/AFP via Getty Images
Andrew Moran
Tom Ozimek
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President Donald Trump signed an executive order on Tuesday to cushion the impact of his automobile tariffs.
The measure, titled “Addressing Certain Tariffs on Imported Articles” and signed on April 29, aims to prevent overlapping duties from applying to the same vehicle or auto part. It blocks the cumulative effect—or “stacking”—of separate tariff regimes such as those targeting steel, aluminum, and drug-related imports, when a 25 percent auto tariff is already in place. The order applies retroactively to all affected imports entering the country on or after March 4, 2025.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."