A slower phase-in for tariffs on auto parts will give manufacturers time to ramp up manufacturing in the U.S. Some warn they will still drive up car prices.

U.S. automakers are set to get a break on some of the sweeping tariffs President Donald Trump is imposing. Yet even with the new waivers, the outlook for America's longest-lived carmakers remains cloudy, with General Motors saying Tuesday it was "reassessing" its earnings guidance in light of the uncertainty over the tariffs impact.

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

The White House took aggressive aim at Amazon, with President Donald Trump putting in a call to Amazon founder Jeff Bezos Tuesday morning, after the company considered displaying the added cost of tariffs on certain items.

The White House lashed out at Amazon on Tuesday for reportedly planning to display how much of a product’s cost comes from Trump’s tariffs. Doing so would emphasize to consumers that U.S. tariffs are not paid by overseas companies, but by the American companies importing the goods, and then largely passed on to customers.

President Donald Trump's budding friendship with Amazon founder Jeff Bezos hit a snag as the retailer considers how to respond to tariffs.