Detroit's Big Three automakers call on Trump administration to waive some tariffs

Detroit's three largest automakers, including Ford, General Motors and Stellantis, have been lobbying the Trump administration to exclude certain low-cost auto parts from the planned tariffs. According to people familiar with the matter, the automakers are willing to pay tariffs on complete vehicles and large parts such as engines and transmissions. However, they have expressed concerns about the imposition of widespread tariffs on parts, believing that this will lead to significant cost increases, which may trigger profit warnings and layoffs.