The United States government announced new Commerce Department investigations and other trade-related measures in recent days relating to critical minerals, medium/heavy-duty trucks, automobile parts, and goods subject to multiple recently-imposed tariffs:
- First, on April 25, 2025, the U.S. Department of Commerce published two notices in the Federal Register announcing investigations and requesting public comments concerning the effects on national security of imported (i) processed critical minerals and their derivative products, and (ii) medium-duty trucks, heavy-duty trucks, and medium- and heavy-duty truck parts, and their derivative products.
- Second, on April 29, 2025, President Trump issued a proclamation, Amendments to Adjusting Imports of Automobiles and Automobile Parts into the United States, providing automakers with an offset for a portion of the 25% tariffs imposed on automobile parts that will come into effect on May 3, 2025. The offsets are available to individual manufacturers on an aggregate basis and will be calculated based on the total value of automobiles that the manufacturer assembles within the United States during specified time periods. This relief to automakers is temporary and will be phased out over the next two years.
- Third, also on April 29, 2025, President Trump issued an executive order, Addressing Certain Tariffs on Imported Articles, that addresses the cumulative effects of recent tariffs and sets forth a procedure for determining which tariffs shall apply to articles subject to multiple tariff regimes. The White House announced these measures in part to provide requested relief to automakers from the cumulative effects of recent tariffs.
View other S&C insights relating to the Trump Administration's Recent Tariffs and Trade Measures.