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Trump has compromised again! The American Autos Industry welcomes the "tariff downgrade"…
① The President of the USA, Trump, signed an executive order on April 30 to "ease" some Autos tariffs; ② It is reported that imported Autos will be exempt from any further separate tariffs similar to those on Steel and Aluminum, to avoid the cumulative effects of overlapping tariffs.
Here's the Major Earnings Before the Open Tomorrow
Trump Cuts Cumulative Tariffs on Some Imported Goods -- Barrons.com
Auto Tariff Relief Comes After Car Prices Have Already Jumped -- Market Talk
For Ford, Tesla, the Worst Auto Tariff Case Is Off the Table -- Barrons.com
Lutnick Lays Out Relief Points to Dampen Trump's Tariff Impact on U.S. Autos