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Trump signs order to prevent his auto tariffs from stacking on top of each other

Carmakers can claim up to 3.75% of value of American-made vehicles

Bloomberg News

President Donald Trump signed a pair of directives easing the impact of his tariffs on the automotive industry, yielding to weeks of intense lobbying from automakers, parts suppliers and dealers who warned excessive levies could push up car prices, triggering plant shutdowns and job losses. Under the first executive order, signed aboard Air Force One, […]

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