The formal announcement is expected ahead of a Tuesday night rally in Michigan marking the president’s 100 days in office. It’s the latest shift in Trump’s on-again, off-again tariffs.
President Trump has decided to give automakers a break on some 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 moves in 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.
