Trump Signs Executive Order Easing Tariffs on US Automakers

US President Donald Trump has signed an executive order to reduce the burden of overlapping tariffs on automakers, giving the industry a two-year grace period to realign supply chains domestically.

Instead of paying multiple levies on imported vehicles and parts, companies will now pay only the highest applicable tariff.

Automakers importing parts for US-assembled cars will also receive temporary cost offsets.

The policy aims to support American manufacturing, ease short-term costs, and drive long-term investment in US auto production.

While cautiously optimistic, industry leaders are closely watching how the plan unfolds.