Media reports indicate that after intense lobbying from automotive executives in recent weeks, U.S. President Trump plans to exempt some of the harshest tariffs faced by automakers. Analysts believe this is another concession from Trump in the trade war.Some media outlets report that Trump intends to exempt certain tariffs on auto parts, including tariffs on imported steel and aluminum products. Another media outlet stated that the White House has confirmed that Trump plans to exempt some tariffs for automakers.Insiders told the former media outlet that this move is referred to as &#34;destacking&#34; of tariffs. However, this exemption does not include the 25% tariff on imported vehicles and does not affect the 25% tariff on imported auto parts set to take effect on May 3.Analysts believe this concession will be a preliminary victory for the automotive industry and represents another retreat by Trump from his most aggressive tariff policies, due to concerns that these tariffs could drive up U.S. car prices, disrupt supply chains, and lead to job losses.Following the news, automotive stocks surged in after-hours trading. General Motors saw a peak increase of 6.1%, Ford rose by 3%, and Stellantis surged by 6.8% in after-hours trading, although the stock prices later retreated.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/6e90eda5-13b1-499f-8178-a265bb95edd4.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/6e90eda5-13b1-499f-8178-a265bb95edd4.png"/>Reports indicate that in the past week, automotive executives have intensified their criticism of the tariffs. Stellantis Chairman John Elkann warned that &#34;Trump's trade policies are putting the U.S. and European automotive industries at risk.&#34;Another senior automotive industry executive stated:<blockquote>&#34;We have urged the government—not to repeatedly hit us with these additional tariffs... because it truly jeopardizes the health of our entire industry.&#34;</blockquote>Additionally, this tariff exemption is the latest sign of Trump providing a &#34;carve-out&#34; to specific industries following a significant sell-off in global markets and warnings of a potential recession in the U.S. triggered by his tariff plans earlier this month.On April 2 local time, according to CCTV News, the White House issued a statement saying that Trump would impose a 10% &#34;baseline tariff&#34; on all countries. On April 9 local time, the White House announced a 90-day suspension of implementation, but there remains a risk of triggering a comprehensive global trade conflict.According to the Global Times, late on April 11 Eastern Time, the U.S. Customs and Border Protection published a notice on its official website: the federal government has agreed to exempt &#34;reciprocal tariffs&#34; on electronic products such as smartphones, computers, and chips; the exempted products apply to electronic products entering the U.S. after April 5, and previously paid &#34;reciprocal tariffs&#34; can seek refunds.Last week, Trump also stated that he would provide &#34;help&#34; to the automotive industry. He had previously indicated that as long as companies comply with the provisions of the 2020 U.S.-Mexico-Canada Agreement (USMCA), they could receive more favorable treatment for vehicles imported from Mexico and CanadaFor vehicles and parts that comply with the USMCA agreement terms, only the &#34;non-U.S. content&#34; portion will be subject to a 25% tariff. Informed sources told the media that the current focus of negotiations is mainly on how to simplify the enforcement of tariffs, such as by streamlining the rules of origin for automotive parts to simplify the implementation process.Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

U.S. President Trump plans to exempt automobile manufacturers from certain tariffs, a move seen as a concession in the trade war. The exemption will include partial tariffs on auto parts but will not cover the 25% tariff on complete vehicles. Analysts believe this is a preliminary victory for the automotive industry, as there are concerns that tariffs could drive up car prices and affect employment. Following the announcement, automotive stocks surged, with General Motors rising by as much as 6.1%. This move also reflects Trump's provision of special treatment to specific industries amid global market turmoil and warnings of economic recession

- U.S. President Trump plans to exempt some tariffs on auto manufacturers following strong lobbying from industry executives, marking a concession in the ongoing trade war.  
- The exemptions will not include the 25% tariff on imported vehicles and will not affect the upcoming tariffs on auto parts set to begin on May 3.  
- This move is seen as a preliminary victory for the auto industry, aimed at preventing increased vehicle prices and job losses, while also responding to recent market volatility and recession warnings.

Media: The White House says Trump plans to exempt auto manufacturers from some tariffs