Trump Administration to Alleviate Auto Tariffs Impact

Reported about 14 hours ago

The Trump administration plans to reduce the impact of automotive tariffs by relieving some duties on foreign parts used in US-manufactured cars and preventing additional tariffs from stacking on imported vehicles. This decision is framed as a win for domestic automakers as it encourages investment in local manufacturing, with industry leaders expressing support for the changes ahead of Trump's visit to Michigan.

Source: YAHOO

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