Trump to reduce impact of auto tariffs, Commerce secretary says
- The Trump administration plans to reduce tariffs on foreign parts in cars manufactured in the U.S. By not charging additional levies on steel and aluminum duties, as confirmed by a White House official.
- Commerce Secretary Howard Lutnick stated that the deal rewards domestic manufacturers and supports U.S. Workers.
- General Motors CEO Mary Barra and Ford CEO Jim Farley praised the changes, emphasizing the positive impact on the auto industry.
136 Articles
136 Articles
Trump takes a new turn and opens the door to lower car tariffs
Donald Trump lowers his offensive against the car. According to the White House spokesman, the president plans to sign an executive order to ease the impact of his tariffs on automotive imports. According to this information that Bloomberg echoes, Leavitt said he will publish the order this Tuesday. It is expected that this will include changes requested by the industry, which would eliminate some tariffs on foreign parts used in cars and trucks…

Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories
The White House says President Donald Trump will sign an executive order Tuesday to relax some of his 25% tariffs on autos and auto parts.
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