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US: Trump considers pausing auto tariffs to allow carmakers time to adjust supply chains
U.S. President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to allow carmakers time to adjust their supply chains, according to some media reports. Automakers need time to relocate production from Canada, Mexico and other places to the U.S., said Trump, adding that all future auto parts will be produced in the U.S. Following Trump's remarks, the share prices of the "Big Three" U.S. automakers, namely Ford, General Motors and Stellantis, all rose sharply. Approximately 50 percent of the vehicles sold in the U.S. are imported. Additionally, many vehicles assembled in American factories also contain a large proportion of imported parts. Last month, Trump announced plans to impose 25 percent tariffs on imported vehicles on top of previous duties. SHOTLIST: Beijing, China - April 15, 2025 1. Screenshot of media report on U.S. President Donald Trump considering pausing auto tariffs; FILE: Washington D.C., USA - Date Unknown 2. Various of White House, U.S. national flag; FILE: Detroit, USA - July 2018 3. Various of UAW-Ford National Programs Center building, sign; U.S. national flags; 4. Ford sign at roadside; FILE: Detroit, Michigan, USA - June 5, 2019 5. Various of General Motor (GM) headquarters; Windsor, Ontario, Canada - Recent 6. Various of Stellantis assembly plant; Chrysler sign, logo; 7. Various of vehicles; FILE: Detroit, USA - Date Unknown 8. Various of truck production line at OnFreight Logistics company; FILE: Los Angeles, USA - Date Unknown 9. Various of vessels at port; 10. Crane moving container at port; 11. Containers at port; 12. Vessel. [Restrictions: No access Chinese mainland]
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Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video
Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.
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