Trump’s new executive order halts stacking tariffs and gives automakers a rebate relief. Current 25% tariffs stay in place while new rebates cushion incoming auto parts fees. Automakers will receive a 3.

President Trump signed an executive order Tuesday easing the impact of automotive tariffs by partially rolling back levies on imported car parts. The move means automakers facing Trump’s 25% tariff on imported cars — which was implemented earlier this month — will not also have to pay separate tariffs on materials such as steel and aluminum,

President Donald Trump will sign an executive action later on Tuesday aboard Air Force One that will soften auto tariffs, senior White House officials confirmed.