GreenergyDaily

Apr. 15, 2025

1. US President Donald Trump said he is exploring possible temporary exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.

2. "I'm looking at something to help car companies with it," Trump told reporters Monday in the Oval Office. "They're switching to parts that were made in Canada, Mexico and other places, and they need a little bit of time, because they're going to make them here."

3. The president was asked what short-lived product exclusions he was considering but did not specify how long a potential pause or lowering of auto levies would remain in place.

4. Trump imposed a 25% tariff on fully built vehicles, with duties on parts set to take effect no later than May 3. His separate tariffs on Canada and Mexico already contain a carveout for vehicles with enough domestic content to meet requirements under the existing North American trade agreement.

5. Detroit's Big Three automakers for weeks have lobbied the Trump administration to exclude certain low-cost car components from planned tariffs. Ford, GM and Stellantis have conceded they're willing to pay tariffs on completed cars and large components like engines and transmissions, Bloomberg reported, citing people familiar with the matter.