President Donald Trump is considering exemptions for automakers from some tariffs announced by his administration, the White House confirmed Wednesday to CNBC's Eamon Javers. The confirmation follows a Financial Times report that Trump is planning to exempt auto parts from tariffs on imports from China.

The United States will not implement unilateral tariff reductions imposed on China, according to the White House Press Secretary Caroline Levitt. "The President has made it clear that China needs to make a deal with the United States of America,

US President Donald Trump is planning to spare carmakers from some of his most onerous tariffs, in another trade war climbdown following intense lobbying by industry executives over recent weeks. The move would exempt car parts from the tariffs that Trump is imposing on imports from China to counter fentanyl production,