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US President Donald Trump will sign an executive order on automatic tariffs in Tuesday, White House spokesman Karoline Leavitt.
Treasury Secretary Scott Bessent refused to provide any information, but the incoming measures will help “significantly” to restore production work in the United States
Before the press briefing, officials said that Reuters said that the Trump leadership had some duties put in foreign parts in the foreign parts of the local parts and preventing tariffs on the cars produced abroad.
“President Trump is building an important partnership with both local cars and large American employees, but also a significant partnership with major American workers,” Trading Secretary Howard Lutnick said the White House said.
“This agreement is the main victory of the award policy of local producers, while providing a runway to the manufacturers who express the obligation to invest in America and produce local production.
Monday, the first development of development, the Wall Street Journal said that this action must be paid for these tariffs, such as steel and aluminum, but also for these tariffs.
Trump is traveling to Michigan on Tuesday, the first 100 days in the office, the Republican president’s global economic order is a period of great use.
The movement to soften the effect of auto Levies is to show a comfort on tariffs that have created uncertainty in financial markets, components in financial markets and the fear of acute economic slowdown.
Automatic Affairs, Monday, Monday, Detroit three automatic and more than 1,000 large auto suppliers’ home from the home of Michigan, said they expect to be released from auto tariffs.
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General Motors CEO Mary Barra and Ford CEO Jim Farley appreciated the reported changes.
“We believe that the president’s leadership helps the playground for companies such as GM and allows you to invest more in the US economy,” Barra said.
Farley, changes “will help reduce the impact of tariffs for cars, suppliers and consumers,” Farley said.
Last week, the US autosalential groups called on not to apply a 25 percent tariff to the imported automatic parts imported by Trump, cut the sale of vehicles and increase the price.
Trump said he had planned to apply 25 percent of the car parts no later than May 3.
“Tariffs in automatic parts will break the global car supply chain, and the higher car prices will serve and provide more expensive and more expensive and more expensive and more expensive and more expensive vehicles, and the industrial groups will be repaired.
The letter from GM, Toyota, Volkswagen, Hyundai and others representing groups, US trade representative Jamieson Greer, Treasury Secretary Scott Bessent and Lutnick sent to Scott Bessent and Lutnick.
“Most automatic suppliers have not been capitalized because of a sharp tariff. Many have already difficulty and production stops, floors and bankruptcy,” letter added “, a supplier of a supplier’s production line.”
