President Donald Trump's tariffs have already had a huge impact on the U.S. economy — so much so that the Trump administration appears to be backing off a bit on some tariffs. As President Trump celebrated the 100th day of his second term,

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.

And in the latest move, the White House has revealed that there is a way for car manufacturers to be exempt from the tariffs, and this just so happens to benefit Elon Musk ’s car company Tesla. In a fact sheet, released April 29, their plan to hopefully increase car production in the US is explained.