Trump Administration Extends Tariff Relief to Automakers
Tuesday, 29 April 2025 () Global stocks were steady overnight, with U.S. equity futures marginally higher, as sentiment improved following reports that President Trump plans to ease tariffs on foreign auto parts used in U.S.-made vehicles. The news comes as Trump marks his first 100 days in office, ahead of a rally in Michigan scheduled for this evening. The Wall Street Journal, citing multiple sources familiar with the plans, reported that the proposed tariff rollback would offer major relief to automakers producing vehicles within the U.S. borders. These companies…
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U.S. President Trump's White House Press Secretary Karoline Leavitt briefs the media. The White House provided a significant update on Trump's global tariff strategy. Leavitt..
President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident..
China is ramping up its trade war rhetoric with the U.S., urging President Trump to remove sweeping tariffs if the dispute is to be resolved. The Chinese Commerce Ministry emphasizes the need for..
US President Trump is poised to alleviate automotive tariff burdens, a move applauded by GM and Ford CEOs. The decision, expected during Trump's Michigan visit,... IndiaTimes
U.S. stock index futures were slightly higher on Tuesday as the Trump administration signaled easing tariffs on the auto sector and investors awaited key... Upworthy