Trump Reduces Duties on Auto Parts Accounting for 15% of Value of Car Assembled in US

NAMPA / Sputnik

2025-04-29

WASHINGTON, April 29 (RIA Novosti) – US President Donald Trump signed an executive order on Tuesday allowing companies importing auto parts for cars assembled in the United States to offset 15% of the value of a car in the first year and 10% in the second year. "To more effectively eliminate the threat to impair national security posed by imports of automobiles and automobile parts, I find that it is necessary to modify the system imposed in Proc......

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