Trump expected to ease tariffs impact on automakers ...Middle East

News by : (Daily Sun) -

The move comes ahead of a Trump rally planned for Tuesday night near Detroit to mark the president’s first 100 days in office.

The administration is also allowing some reimbursements on foreign auto parts, levies that were supposed to take effect on May 3, said the Journal, citing unnamed sources.

Detroit carmakers maintained investments in those markets after Trump renegotiated the North American Free Trade Agreement during his first term.

Commerce Secretary Howard Lutnick said Trump was “building an important partnership,“ according to the Journal.

US automakers welcomed the change.

“We’re grateful to President Trump for his support of the US automotive industry and the millions of Americans who depend on us,“ said General Motors Chief Executive Mary Barra.

Read More Details
Finally We wish PressBee provided you with enough information of ( Trump expected to ease tariffs impact on automakers )

Also on site :

Most Viewed News
جديد الاخبار