The United States issued a notice announcing the reduction of import tariffs on Trump automobiles

According to documents from the Federal Register, the United States has issued a notice outlining the automotive tariff offset measures previously announced by President Trump. For vehicles assembled in the United States, manufacturers are eligible for an import adjustment offset of 3.75% of the suggested retail price from April 3, 2025, to April 30, 2026. From May 1, 2026, to April 30, 2027, manufacturers can apply for an import adjustment offset of 2.5% of the suggested retail price. The document states that these adjustment measures will more effectively eliminate the threat to national security posed by the import of automobiles and automotive parts. General Motors (GM) retraced earlier gains, remaining flat for half of the trading session on May 1