Donald Trump eased some tariffs for the auto sector

U.S. President Donald Trump has eased some auto tariffs, CNBC reports. This step is aimed at reducing the overall level of duties on car imports, which arose as a result of the layering of individual tariffs.

In particular, Trump’s executive order, issued on April 29, provides for an exemption from steel and aluminum tariffs for US automakers, which will pay 25% on their assembled cars imported to the US.

An additional 25 percent tariff on auto parts will still come into effect on May 3. However, vehicles that undergo final assembly in the United States will be able to claim a partial refund of these fees for two years.

The parts-related refunds include potential compensation equal to 3.75% of the value of a U.S.-manufactured vehicle assembled before May 1, 2026. After that, the limit is reduced to 2.5% of the vehicle’s value (until April 30, 2027).

However, the 25% duty on imports of cars to the United States imposed under Section 232 remains in effect.

The easing of automotive tariffs comes after the industry lobbied for some relief, in particular, pointing to the effect of the cumulative effect of several duties.

As GMK Center reported earlier, on April 9, Donald Trump announced a complete pause for 90 days on all “reciprocal” duties for trading partners, except for China. The decision was explained by the fact that more than 75 countries entered into negotiations and did not take measures in response to the United States.