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    April 29, 2025

    Trump plans to relax some auto tariffs

    Written by Stephanie Ritenbaugh

    President Trump said he would ease some of the 25% auto tariffs in the latest change in a trade policy already marked by confusion.

    Under the existing plan, autos (which started April 3) and components (to start May 3) would be subject to a 25% tariff. There is an exemption for USMCA-compliant exports. However, non-USMCA components in imports from Mexico and Canada will be subject to the 25% tariff. Other countries have announced their own reciprocal tariffs to counter the US.

    Stephanie Ritenbaugh

    Stephanie Ritenbaugh is a reporter for Steel Market Update. She is an experienced business journalist, holding a variety of positions for trade publications and newspapers, including covering shale development for Gas Business Briefing/Platts and for the Pittsburgh Post-Gazette. She can be reached at stephanie.ritenbaugh@crugroup.com or +1 724-759-7868

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