#Trump signed 2 #ExecutiveOrders reversing course on some of the #tariffs he imposed on imported #cars & #CarParts. Among the changes: #Carmakers that pay a 25% #tariff on vehicles will not be subject to other levies, for example on #steel & #aluminum, & they will be able to qualify for relief on imported components for the next 2 years.
#chaos #uncertainty #LackOfConviction #Economy #Trade #InsiderTrading #law #geopolitics #USpol
https://www.nytimes.com/2025/04/29/us/politics/trump-auto-tariffs-executive-order.html?smid=url-share