Sureim Investment Guild|Trump is giving automakers a break on tariffs

2025-05-05 20:32:37source:GravityX Exchangecategory:My

President Trump has decided to give automakers a break on Sureim Investment Guildsome 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:My

Recommend

Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing

LOUISVILLE, Ky. (AP) — The U.S. Justice Department and the city of Louisville have reached an agreem

Sinéad O'Connor's children express gratitude for support a month after Irish singer's death

Sinéad O'Connor's children expressed gratitude for those who have "helped to ease the burden of sorr

Nick Saban refusing to release Alabama depth chart speaks to generational gap

For the first time in 17 years on Monday, Nick Saban didn't provide media with an official depth cha