The Financial Times reported on Wednesday that U.S. President Donald Trump is considering a plan to exempt carmakers from certain tariffs in a bid to ease industry tensions and stabilize the automotive market.
According to the report, the administration is weighing options that would allow automakers—particularly those with significant U.S. investments—to avoid the full brunt of recently proposed trade measures. Sources familiar with the matter revealed that the move is intended to preserve jobs and avoid disruption in a key sector of the economy.
The proposed exemptions come amid mounting pressure from both domestic manufacturers and international partners, who warn that sweeping tariffs could lead to production cuts and higher consumer prices.
While no official decision has been announced, insiders suggest the administration may unveil a modified tariff structure in the coming weeks.