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WASHINGTON – President Donald Trump is providing some relief to automakers reeling from his steep 25% tariffs imposed on foreign cars and auto parts. Trump, under a proclamation he signed April ...
President Donald Trump’s administration signaled it would lower or alleviate some tariffs paid by automakers looking to manufacture domestically, prompting carmaker shares to rise briefly in ...
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Automakers could see some relief as President Trump prepares to sign an update to tariffs on the auto industry, announced by White House Press Secretary Karoline Leavitt on Tuesday. Yahoo Finance ...
US stocks swung between positive and negative territory on Tuesday but finished the trading day firmly in the green as investors fielded a rush of fresh earnings reports and digested a much-needed ...
Essentially, the idea is to provide some temporary relief from severe tariffs, giving automakers time to shift production to America, instead of completely decimating profit margins immediately ...
U.S. President Donald Trump signed executive orders Tuesday that he said will give some temporary relief to an automotive industry besieged by multiple tariffs that have caused anxiety and concern ...
The Dow Jones Industrial Average overcame a midday swoon to close higher for a fifth straight session on Monday, extending a relief rally underpinned by optimism that trade deals are in the offing.
Stellantis Chairman John Elkann said in a statement that the company appreciates the president’s tariff relief measures. “While we further assess the impact of the tariff policies on our North ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...