The White House is reportedly set to lower tariffs on some foreign-made parts needed to manufacture cars in the U.S. and reprieve automakers from steel and aluminum levies.

The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States.

Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.