- Trump administration touts deal to aid US auto manufacturers.
- Duties to be cut on foreign parts, but not those from China.
- Auto makers would receive credits for the value of vehicles assembled in the US.
- Auto companies had appealed to Trump for tariff relief.
President Donald Trump has announced a significant adjustment to his administration’s 25% auto tariffs, responding to mounting pressure from the automotive industry. The move is designed to alleviate the immediate financial strain on U.S....
https://mfame.guru/trump-to-soften-blow-of-automotive-tariffs/