White House: Trump to Sign Executive Order to Ease Impact of Auto Tariffs
The White House stated that Trump would sign an executive order on Tuesday to ease the impact of his auto tariffs. Government officials said these actions would alleviate some of the tariffs on foreign parts used in cars manufactured in the United States, while importers would not have to pay double tariffs on cars and the materials used to make them. The Trump administration has not formally announced a reduction in tariffs, but government officials confirmed that companies paying auto tariffs would no longer be subjected to double tariffs on aluminum and steel, and tariffs already paid would be compensated.
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