Trump signs order expanding auto tariff relief [View all]
Source: The Hill
10/17/25 10:59 PM ET
President Trump signed a Friday proclamation intended to offset the impact of auto tariffs with an expansion of credits for eligible car manufacturers.
Automakers who import car parts to the U.S. will receive 3.75 percent offset from the vehicle’s listed retail price until 2030 under the Friday order. Originally, the program was set to expire in 2027.
The White House said the percentage reflects the expected tax when a 25 percent tariff is applied to 15 percent of the value of a U.S.-assembled automobile. The Friday executive order also set a 10 percent tariff on imports of buses and implemented new 25 percent tariffs on imported medium- and heavy-duty trucks starting on Nov. 1.
The move from the White House comes after carmakers reported around a billion dollars in projected losses from the Trump administration’s new trade policies earlier this year. Lobbying groups have pushed for relief amid the changes.
Read more: https://thehill.com/homenews/administration/5561604-trump-signs-auto-tariff-credits/
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