Global Automotive Industry Remains In Peril As Sector Excluded From Trump Tariff Pause

The global automotive industry remains in Donald Trumps crosshairs following the implementation of a blanket 25 import tariff implemented on April 3.

On Wednesday the US President announced a 90-day pause for most of the country-specific tariffs that had been announced on Liberation Day last week, but this does not apply to sectors such as the auto industry.

These levies have thrown international vehicle supply chains into turmoil, further burdening traditional carmakers who are already grappling with an uneasy transition to electric vehicles and increased competition from Chinese manufacturers.

The Detroit Regional Chamber has warned of dire consequences for the sector, Reuters reported.

'Michigan's signature industry and the supply chains and employees that sustain it will continue to endure the uncertainty and disruption of these fluctuating trade policies,' the organisation said.