The Trump administration will announce on Tuesday the easing of the consequences of auto tariffs. According to officials, duties on imported auto parts used in the production of vehicles in the U.S. will be reduced, while tariffs on fully imported cars will remain unchanged.
Commerce Secretary Howard Lutnick emphasized that this measure strengthens the partnership with American automakers and workers. Companies investing in domestic production will receive compensation for previously paid tariffs on steel and aluminum.
The decision was made amid concerns from automakers and the market. A coalition of automakers previously warned that 25% tariffs on auto parts could lead to price increases and a decrease in sales. The easing of conditions has become part of Trump's policy to support domestic production and stabilize the economy, which has been shaken by trade upheavals.
