Trump Administration adjusts metals tariffs to support US manufacturers
The Trump administration eases tariffs on auto industry metals, offering relief to U.S. automakers and suppliers through exemptions and reimbursement incentives. The post Trump Administration adjusts metals tariffs to support US manufacturers appeared first on FreightWaves.
The Trump administration’s executive order removing certain punitive tariffs on steel and aluminum imports for automakers offers substantial relief to the automotive industry.
The announcement, discussed by Firecrown Media and SONAR CEO Craig Fuller in a recent video posted to X, marks a notable shift in trade policy while maintaining the administration’s broader stance on tariffs.
The executive order targets tariffs on raw materials used in automotive manufacturing, with the administration making the policy retroactive. “This means that any of the tariffs that went into effect that the auto manufacturers paid would be effectively rebated to them,” Fuller explained, highlighting the significant financial implications for the industry.
The auto manufacturers received a huge concession yesterday, with tariffs being removed on raw materials and components – something that will ease pressure on domestic car manufacturing.
Like the electronics concessions, the Administration has shown willingness to offer… pic.twitter.com/HyNmQRdWhE— Craig Fuller 
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