more to come

White House official:

  • Trump is expected to soften the impact of his automotive tariffs
  • Preventing duties on foreign-made cars from stacking on top of other tariffs Trump has imposed and easing some levies on foreign parts used to manufacture cars in the U.S.
  • Those actions are expected tomorrow

These comments basically a repeat of the what the Wall Street Journal reported:

More.

US Commerce SEC:

  • Trump building important partnership with domestic automakers and workers;
  • Deal rewards domestic manufacturers, supports firms committed to expanding US production
Trump Tariffs
Source: Forex Live