Tariff sleight of hand: Auto sector calls bluff on Trump's parts 'exemption'

Digitimes
By Levi LiMay 6, 2025, 4:00 am345 ptsTop
Just ahead of the May 3, 2025 rollout of a 25% auto parts tariff, US President Donald Trump announced a narrow exemption for select components. The move eliminated layered duties in favor of a streamlined 25% rate on all vehicles and parts. Industry insiders, however, see the gesture as more tactical than…

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