White House to Extend Tariff Relief for Automakers, Bloomberg Says, Citing Sources

• The White House plans to announce a five-year extension on a provision allowing automakers reduce what they pay in tariffs on imported car parts, Bloomberg reported Thursday, citing people familiar with the matter.
• The provision is currently scheduled to end after two years, and the Commerce Department could announce the change as soon as Friday, Bloomberg said, according to the people familiar.

Full article at https://www.bloomberg.com/news/articles/2025-10-16/us-nears-tariff-relief-for-auto-industry-after-lobbying-push

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