President Trump has suggested temporarily exempting the auto industry from tariffs, citing the need for carmakers to adjust their supply chains. This move comes amidst a broader trade policy shift, with Trump previously announcing a 90-day pause on tariffs against dozens of countries. The decision has sparked uncertainty and confusion, with financial markets and economists warning of potential economic and political consequences. The move may also benefit companies like Apple, which could use the reprieve to minimize the impact of tariffs on its iPhone sales in the US.