News

Trump Eases Auto Tariffs With 85% Rule While Buyers Brace For Sticker Shock
Trump’s new executive order halts stacking tariffs and gives automakers a rebate relief. Current 25% tariffs stay in place while new rebates cushion incoming auto parts fees. Automakers will receive a ...
Trump to ease auto tariffs as he celebrates 100th day with Michigan rally
President Donald Trump will sign an executive action later on Tuesday aboard Air Force One that will soften auto tariffs, ...
As Trump eases auto tariffs, Mercedes will expand at Alabama plant
Mercedes-Benz’s manufacturing plant in Tuscaloosa, Alabama, will build a new vehicle for the luxury automaker, according to a ...
Trump eases auto tariffs burden as Lutnick touts one done foreign trade deal
WASHINGTON/DETROIT (Reuters) -U.S. President Donald Trump signed an order to soften the blow of his auto tariffs on Tuesday ...
Inflation unexpectedly cooled in April despite Trump's big tariffs announcement
Price growth was expected to stay flat at 2.4%, but now inflation has cooled for three consecutive months. The consumer price index increased 0.2% in April from March. An increase ...