🚨🇺🇸 TRUMP GRANTS TARIFF RELIEF TO CARMakers
🔹Trump to exempt some auto parts from new tariffs targeting China, steel, and aluminium.
🔹25% tariff on foreign-made cars remains, but parts made under USMCA rules get leniency.
🔹Move follows intense industry lobbying and fears of rising prices & job losses.
🔹Signal Trump may offer sector carve-outs after market backlash.
#TrumpTariffs #AutoIndustry #TradeWar #USMCA
Source: FT$$TRUMP
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