Transportation
Trump Signs Order to Prevent His Auto Tariffs From Stacking on Top of Each Other
A semi-truck carrying new vehicles at the Otay Mesa port of entry in San Diego, California.
Photographer: Ariana Drehsler/BloombergThis article is for subscribers only.
President Donald Trump signed a pair of directives easing the impact of his tariffs on the automotive industry, yielding to weeks of intense lobbying from automakers, parts suppliers and dealers who warned excessive levies could push up car prices, triggering plant shutdowns and job losses.
Under the first executive order, signed aboard Air Force One, imported automobiles were given a reprieve from separate tariffs on aluminum and steel, an effort to prevent multiple levies from piling on top of each other.