Manufacturing

Trump’s new executive orders relieve some tariff pressure on auto industry

Cars awaiting shipment at Chinese port Arc 2024
Some automakers have been holding vehicles at ports to avoid tariffs. Despite the tariff adjustments, there is still uncertainty across the industry, which has yearslong development cycles and global supply chains. (BLOOMBERG)
HL
By:
Hannah Lutz
MB
By:
Molly Boigon
|
Last Updated
April 29, 2025 10:58 PM

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Trump’s new executive orders relieve some tariff pressure on auto industry
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The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Some say the tariff revisions fall short of protecting suppliers.

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