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Trump to reduce impact of auto tariffs
short by Pragya Swastik / on Tuesday 29 April, 2025
US President Donald Trump's administration will move to reduce the impact of his automotive tariffs, Commerce Secretary Howard Lutnick said. The US would alleviate some duties imposed on foreign parts in domestically manufactured cars and trucks. Additionally, imported automobiles would be given a reprieve from separate tariffs on aluminium and steel.
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