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Trump softens auto tariffs as US carmakers brace for turmoil
semafor.com/article/04/29/2025/trump-softens-auto-tariffs-as-us-carmakers-brace-for-turmoil
The News
US President Donald Trump signed an executive order Tuesday aimed to provide some relief to the country’s beleaguered auto industry.
The measure exempts American automakers from stacked duties — so car parts would not also face steel and aluminum tariffs — and offers rebates to…
This story appeared on semafor.com, 2025-04-29 20:37:11.