WASHINGTON (AP) — President Donald Trump is giving domestic automakers some relief from his tariffs. He’s extending a special rebate on auto parts until 2030. Tariffs on those parts had threatened to raise costs for automakers. The exemption was originally supposed to be a short-term bridge to give automakers time to move production lines back to the U.S. Trump also officially signed a proclamation that imposes 25% import taxes on medium and heavy duty trucks.
(Copyright 2025 The Associated Press. All Rights Reserved.)
