Trump eases auto tariffs burden as Howard Lutnick touts first foreign trade deal
- Posted on April 30, 2025
- By Business News Today
- 3 Views
Trump eases auto tariffs burden as Howard Lutnick touts first foreign trade deal
President Trump softened auto tariffs with credits and levy relief, aiming to ease investor concerns amid criticism of his economic policies. The move, allowing carmakers more time to increase domestic component usage, comes as a new set of import taxes looms.
