Health Ministry launches World Health Survey 2025 Survey to collect accurate health status database of Saudi population    Dr. Al-Rabeeah at UK House of Lords: Saudi Arabia provides $134 billion in aid to 172 countries in 30 years    Saudi Arabia receives first Hajj 2025 pilgrims from multiple countries    3rd phase of Vision 2030 to focus on sustaining transformation and capitalizing on emerging growth opportunities    Housing minister expects moderate real estate prices in Riyadh    Travel mayhem in Spain and Portugal as power outage grounds flights, paralyzes train networks    Saudi Arabia at ICJ: Israel turns Gaza Strip into a pile of rubble    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    Hope and fear as tourists trickle back to Kashmir town after attack    Israel spy chief to step down after row with Netanyahu exposes deepening rifts    Localization in Saudi military industries rises to 19.35%    Logistics park for vehicles worth SR300 million to be set up at Dammam port    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion    Rock & Roll Hall of Fame picks Outkast but not Oasis    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Trump set to ease tariff impact on US car makers
Published in The Saudi Gazette on 29 - 04 - 2025

President Donald Trump is set to take action to ease the impact of his tariffs on US car makers, a top White House official says.
"This deal is a major victory for the President's trade policy by rewarding companies who manufacture domestically," Commerce Secretary Howard Lutnick said in a statement provided to the Reuters news agency.
The president will announce measures to reduce some import duties on parts from abroad that are used in vehicles manufactured in the US.
While cars made outside the country are still subject to automotive tariffs, they will be exempt from other levies, the Wall Street Journal reported earlier.
Trump is due to hold a rally in Michigan on Tuesday to mark his first 100 days in office.
The state is home to the so-called Detroit Three carmakers - Ford, General Motors (GM) and Stellantis - and a network of more than 1,000 major suppliers to the industry.
Trump has put tariffs at the center of his economic plans, describing it as "the most beautiful word in the dictionary".
But they have sparked turmoil in global financial markets, caused major uncertainties for businesses and increased fears of a sharp economic slowdown.
The move to ease the impact on the motor industry has been seen as the latest attempt by his administration to show flexibility on the policy.
GM's chief executive Mary Barra welcomed the development.
"We're grateful to President Trump for his support of the US automotive industry and the millions of Americans who depend on us," she told the BBC in an emailed statement.
"We appreciate the productive conversations with the President and his Administration and look forward to continuing to work together."
Ford and Stellantis did not immediately respond to requests for comment.
Last week, a coalition of US motor industry groups called on the president to not impose 25% tariffs on imported car parts.
A letter to his administration from groups representing companies including GM, Toyota and Volkswagen said the levies "will lead to higher auto prices for consumers, lower sales at dealerships and will make servicing and repairing vehicles both more expensive".
Trump had previously said the tariffs would come into effect by 3 May. — BBC


Clic here to read the story from its source.