President Trump is expected to announce measures easing the impact of his tariffs on US car manufacturers. Commerce Secretary Howard Lutnick hailed the move as a victory for the President's trade policy, rewarding domestic manufacturing. The announcement, to be made at a Michigan rally, will reduce import duties on vehicle parts from abroad, while cars manufactured outside the US remain subject to tariffs. This exemption will focus on specific import duties on components.
Prepared by Christopher Adams and reviewed by editorial team.
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