President Trump Considering Tariff Exemptions for Auto Industry

Late last month, President Trump’s tariff announcement included 25 percent on imported vehicles, sending automakers into a frenzy as they work to adjust supply chains and production schedules. However, earlier this week, the president said he was considering exemptions for the auto industry to give companies more time to adjust their operations. The American Automotive Policy Council’s president Matt Blunt said, “There is increasing awareness that broad tariffs on parts could u