
US Department of Commerce announces new auto offset process; procedures outlined for tariff offset apply exclusively to US assembled autos
- New procedures for US auto makers to apply for offsets to section 232 tariffs applied on imported automobile parts.
- US auto makers can apply for offsets to section 232 tariffs applied on imported automobile parts based on volume and value of manufacturers' automobile production in US.
12 Jun 2025 - 19:55- ForexGeopolitical- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts