The climbdown, which came on the eve of Mr Trump’s 100th day in office and just before a fresh set of 25pc tariffs was due to kick in on imported automotive parts, followed an outcry from carmakers who warned of higher prices and a significant hit to sales.

Key Takeaways President Donald Trump has reduced vehicle tariffs in his latest trade policy change.Foreign cars will still be subject to a 25% auto tariff, but no additional tariffs, such as a 25% tariff on steel and aluminum imports,

The White House has announced measures to ease the effect of tariffs on imported cars imposed by the Trump Administration