PRESIDENT TRUMP RELIEVES AUTO TARIFFS
NAVIGATING THROUGH TARIFF TROUBLE
On April 29th 2025, President Trump suspended the operation of automotive tariffs and provided other relief in the form of an import adjustment offset (see Proclamation here). Those original automotive tariffs were announced on March 26 2025 (see Proclamation here). In that original proclamation, the President imposed a 25% tariff on automobiles set to begin on April 3rd. He further announced a 25% tariff on automobile parts to begin no later than May 3rd. These automotive tariffs included articles made of steel and/or aluminum. The President then issued a further proclamation which modified the March 26 2025 tariffs.
Tagged in:
Automotive Tariffs
Cross-Border Transactions
President Trump
Secretary of Commerce
Stacking of Tariffs
Last modified on