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Trump eases auto tariffs in move aimed at increasing domestic production

Posted

April 29, 2025

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President Donald Trump signed an executive order and a proclamation on Tuesday to​ ease auto tariffs, the latest abrupt shift in a rapidly changing tariff policy that has left businesses scrambling to keep up. The 25% tariff on imported cars will continue, and a new 25% tariff on auto parts will go into effect this weekend, as previously announced. But there’s some new fine print. #CNN #News

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Trump eases auto tariffs in move aimed at increasing domestic production · CNN · Sentinel