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Trump to exempt car parts from Tariffs on China imports, FT says

25% tariff on all imports of foreign-made cars would remain in place

Bloomberg News

The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the ire of global carmakers, according to the Financial Times. The proposal would exempt car parts from tariffs President Donald Trump has levied on imports from China to stop fentanyl production, people familiar with the plan […]

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