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.

Mercedes-Benz’s manufacturing plant in Tuscaloosa, Alabama, will build a new vehicle for the luxury automaker, according to a Thursday announcement.

Speaking a day earlier in Michigan, Trump had said tariff talks with India were "going great" and hinted at a possible deal soon. His remarks came alongside a new executive order targeting the US auto industry.