Close Menu
  • Home
  • Financial
  • News
  • Personal Finance
  • Real Estate
  • Debt Relief
  • Subscribe Now
What's Hot

‘We’re not for sale’: Pennsylvania Democrat spotlights data-center fury in campaign ads | Fortune

July 28, 2026

6 Reasons Why Buyers Walk Away After Touring a Home

July 27, 2026

Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash Flow—Here’s How Jefferson Simmons Built His Portfolio

July 27, 2026
Facebook X (Twitter) Instagram
creditreddit.org
Subscribe Now
  • Home
  • Financial
  • News
  • Personal Finance
  • Real Estate
  • Debt Relief
  • Subscribe Now
creditreddit.org
Home » Detroit automakers ask White House to be spared from new tariffs | Fortune
Financial

Detroit automakers ask White House to be spared from new tariffs | Fortune

joshBy joshFebruary 21, 2026No Comments2 Mins Read0 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Copy Link Email
Follow Us
Google News Flipboard
Detroit automakers ask White House to be spared from new tariffs | Fortune
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link



Detroit’s automakers asked the White House to shield them from new tariffs that President Donald Trump vowed to impose after the Supreme Court struck down most of his global duties. 

The American Automotive Policy Council, which represents General Motors Co., Ford Motor Co. and Jeep-maker Stellantis NV, sent a letter to Trump’s trade team on Friday seeking to preserve a framework that protects them from paying multiple import taxes on vehicles and parts, according to a person familiar with the matter, who asked not to be identified discussing the private communication.

Read More: Supreme Court Axes Tariffs; Trump Responds With New Rate

Automakers are facing billions of dollars in additional costs from Trump’s tariffs, particularly those levied on imported autos and car parts. Those tariffs, as well as levies targeting steel and aluminum, were implemented under a law that gives the president authority to impose import taxes on national security grounds. The duties were unaffected by the Supreme Court’s ruling that struck down Trump’s broader import taxes imposed on many countries.

The president signed a pair of directives last April that eased the impact of his tariffs on the automotive industry, in part by preventing multiple levies from piling on top of each other.

The person said the White House hasn’t yet responded to the letter, which was reported earlier by the Wall Street Journal.

Trump said Friday that he planned to impose a flat 10% levy on foreign goods in the coming days, and that he would order a raft of trade investigations that should allow him to enact more permanent tariffs.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
automakers Detroit Fortune House spared Tariffs White
Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Telegram Email Copy Link
josh
  • Website

Related Posts

‘We’re not for sale’: Pennsylvania Democrat spotlights data-center fury in campaign ads | Fortune

By joshJuly 28, 2026

How an ex-AWS scientist plans to take on OpenAI and Meta in voice AI models | Fortune

By joshJuly 27, 2026

George Martin never out-wrote the Beatles. That’s Exactly why he’s the AI leadership lesson now | Fortune

By joshJuly 26, 2026

Defense tech investors thought the war in Iran could make them millionaires. Instead, some of the industry’s biggest names have faced a bloodbath | Fortune

By joshJuly 25, 2026

Trump weighs ‘massive attack’ on Iran as Tehran’s chokehold on oil gets tighter | Fortune

By joshJuly 24, 2026

Trump faces a Catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor, or withdraw and look weak | Fortune

By joshJuly 23, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

How to Build a More Predictable Financial Routine

November 24, 2025233 Views

Social Security payments to go up 2.8% next year while polls show three-fourths of seniors think 3% isn’t enough to keep up with rising prices | Fortune

October 24, 202542 Views

Trump Floats 50-Year Mortgages: Cash Flow Boost or Affordability Illusion?

November 13, 202540 Views

Why Mortgage Rates are Rising as the Fed Keeps Cutting

November 4, 202533 Views
Don't Miss

‘We’re not for sale’: Pennsylvania Democrat spotlights data-center fury in campaign ads | Fortune

July 28, 20263 Mins Read0 Views

Democrat Paige Cognetti is taking a shot at artificial intelligence data centers in her challenge to freshman Republican Rep.…

6 Reasons Why Buyers Walk Away After Touring a Home

July 27, 2026

Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash Flow—Here’s How Jefferson Simmons Built His Portfolio

July 27, 2026

How an ex-AWS scientist plans to take on OpenAI and Meta in voice AI models | Fortune

July 27, 2026
Demo
Our Picks

‘We’re not for sale’: Pennsylvania Democrat spotlights data-center fury in campaign ads | Fortune

July 28, 2026

6 Reasons Why Buyers Walk Away After Touring a Home

July 27, 2026

Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash Flow—Here’s How Jefferson Simmons Built His Portfolio

July 27, 2026
Most Popular

The markets’ reaction to Trump hides a darker truth that puts the American economy at risk, Piper Sandler warns | Fortune

August 26, 20250 Views

Investors Are Controlling the Housing Market

September 4, 20250 Views

Local Politics is Ruining the American Dream With Overbearing Regulations

September 4, 20250 Views
  • Home
  • Privacy Policy
  • Terms and Conditions
  • Subscribe Now
© 2026 ThemeSphere.

Terms & Conditions | Privacy Policy

Type above and press Enter to search. Press Esc to cancel.