President Donald Trump signed an executive order and a proclamation on Tuesday to​ ease auto tariffs, the latest abrupt shift in a rapidly changing tariff policy that has left businesses scrambling to keep up.

A slower phase-in for tariffs on auto parts will give manufacturers time to ramp up manufacturing in the U.S. Some warn they will still drive up car prices.

President Donald Trump eased auto tariffs with an executive order and proclamation on Tuesday While not a permanent rollback, the changes are intended to give U.S. auto companies "a little bit of a break" Auto companies like Ford and Stellantis say they "welcome and appreciate" the move,