Trump signs order expanding auto tariff relief
PositiveU.S News

President Trump has taken a significant step to support the auto industry by signing an order that expands tariff relief for car manufacturers. This new proclamation allows automakers importing car parts to receive a 3.75 percent offset from the retail price of vehicles until 2030. This move not only helps manufacturers cope with the financial burden of tariffs but also aims to stimulate the automotive market, making it a crucial development for the industry and consumers alike.
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