WSJ exclusive: USA rolls back auto tariffs on Canada that went into effect Tuesday

US will move to reduce the impact of automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from piling on top of other ones, officials said. No specific figures given

“President Trump is building an important partnership with both the domestic automakers and our great American workers,” “This deal is a major victory for the President’s trade policy by rewarding companies who manufacture domestically, while providing runway to manufacturers who have expressed their commitment to invest in America and expand their domestic manufacturing.” Commerce Secretary Howard Lutnick said in a statement from the White House.

[https://www.wsj.com/business/autos/trump-tariffs-autos-exceptions-fc634efd?mod=hp\_lead\_pos1](https://www.wsj.com/business/autos/trump-tariffs-autos-exceptions-fc634efd?mod=hp_lead_pos1)