TechFlow news, April 29 — According to Jinshi Data, sources revealed that Trump is expected to take measures to mitigate the impact of his auto tariffs, preventing additional tariffs on foreign vehicles from stacking atop existing duties, and easing some tariffs on imported parts used in U.S.-made automobiles. This move would mean automakers paying vehicle tariffs will not face additional steel and aluminum tariffs. The Trump administration will also modify tariffs on foreign auto parts—originally set to take effect May 3 at a 25% rate—allowing automakers to receive tariff rebates equivalent to 3.75% of the value of U.S.-assembled vehicles during the first year. In the second year, the rebate will drop to 2.75% of vehicle value before being phased out. The action is expected before Trump travels to Michigan on Tuesday evening for a rally outside Detroit, marking his 100th day in office.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号




