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Trump plans to exempt some automakers from tariffs in response to pressure from the automotive industry's lobbying.
According to the Financial Times, U.S. President Donald Trump plans to exempt some automakers in the new round of tariff policies in response to strong lobbying pressure from industry executives. The exemptions include automotive parts from the tariffs imposed on Chinese imports to combat fentanyl production, as well as tariffs on steel and aluminum, but do not include the previously implemented 25% tariff on foreign-made vehicles and the parts tariffs that will take effect on May 3.