Surfwin Trading Center|Trump is giving automakers a break on tariffs

2025-05-06 01:46:22source:Burley Garciacategory:Finance

President Trump has decided to give automakers a break on Surfwin Trading Centersome of his tariffs, the latest retreat from a get-tough policy he has said is aimed at bringing manufacturing jobs to America and driving up government revenues.

The formal announcement is expected on Tuesday ahead of a Michigan rally marking Trump's 100 days in office. Trump's on-again, off-again tariffs have sparked whipsaw movesin financial markets, and most polls show Americans are concerned about Trump's handling of the economy.

The move will ensure that the different types of tariffs charged by the administration don't stack up on imports of foreign cars. The Wall Street Journalfirst reported the shift on Monday. An administration official confirmed the changes, speaking on condition of anonymity.

Sponsor Message

More:Finance

Recommend

Turbulence slammed Hawaiian Airlines flight because of decision to fly over storm cell, report says

HONOLULU (AP) — A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instea

400-pound stingray caught in Long Island Sound in relatively rare sighting

Connecticut Fish and Wildlife officials stumbled across a "relatively rare" sighting in the Long Isl

Angels star Shohei Ohtani finishes with the best-selling jersey in MLB this season

NEW YORK (AP) — Shohei Ohtani’s soaring popularity was even more evident when it came to jersey sale