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Heavy! Trump: Tax relief, tax paid can apply for tax refund 丨 Maritime export logistics
Apr 30,2025
According to several US media coverage, the Trump administration plans to make a major adjustment on the issue of car tariffs in order to mitigate the impact of the previously imposed high tariffs on car manufacturers. The decision marks yet another shift in Trump's trade policies, aimed at balancing the return of domestic manufacturing with real business demand.
Trump will sign an executive order to ensure that tariffs on foreign-made cars are no longer superimposed with other tariffs already in place, such as steel and aluminum.
Manufacturers who have paid the auto tariffs will be eligible for a refund that will ease their financial burden.
The government will adjust a 25 percent tariff on foreign auto parts that was originally scheduled to take effect May 3, allowing manufacturers to get a rebate of up to 3.75 percent of the value of a U.S.-made car in the first year, dropping to 2.5 percent in the second year before phasing it out.
Treasury Secretary Scott Becerra said the move reflected Trump's commitment to bringing manufacturing back to the United States, providing fast and efficient pathways for automakers while creating more jobs. In addition, U.S. Commerce Secretary Lutnik announced:
U.S.-made automakers are entitled to a deduction equal to 15 percent of the value of their vehicles when importing components.
Cars assembled in the United States and containing 85 percent of their indigenous parts will be exempt from tariffs.
The tariff relief will be phased in over three years to help manufacturers build up their U.S. supply chains.
Ford Motor CEO Jim Farley welcomed Trump's decision, saying it would ease the impact of tariffs on manufacturers, suppliers and consumers. General Motors chairman Mary Bora also said she was looking forward to working with the government.
Analysts predict that a 25 percent auto tariff could increase the average cost of a car by about $6,000 (a 10 percent or 12 percent increase). Although Trump has warned manufacturers not to raise prices, it will take time for manufacturing to return to the United States in the long term, and the policy changes provide a transition period for manufacturers.
The Trump administration's adjustment to the auto tariffs is both a response to corporate demands and a flexible correction to trade policy. The move is aimed at boosting domestic manufacturing while relieving pressure on businesses, offering automakers the opportunity to adjust their supply chains. In the future, as the policy is gradually implemented, its profound impact on the U.S. auto market and manufacturing industry will gradually become apparent.
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