Levies are currently set at a blanket 10%, down from rates set as high as 49% on Cambodia and 46% on Vietnam. With the latest exemptions, the effective rate on Vietnamese goods will fall to about 7% as close to a third of its exports to America, largely technology products, are exempt.

Trump signals possible tariff relief for US carmakers as industry pressures mount over supply chain challenges and rising manufacturing costs.

So President Trump says that car makers might need a little bit more time. When he was asked about any potential exemptions coming in the future. He added that he's looking