Trump, tariff and Automakers
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President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.
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KFI AM 640 on MSNTrump’s Tariffs Spark Car-Buying Blitz, But Debt Looms LargeAmericans are flooring it to car dealerships, spooked by President Trump’s new 25% tariffs on auto imports, but the frenzy could leave wallets in the dust. The tariffs, kicked off April 3, have unleashed a buying boom.
President Donald Trump announced that China and US had agreed to pause escalating tariffs for 90 days. Florida has its own imports and exports.
With his tariff 'deals,' President Trump leaves international trade relationships even more unsettled than before.