Trump offers relief, credits to US carmakers hit by levies
US President Donald Trump has introduced a new executive order aimed at softening the blow of auto tariffs, offering significant relief to US automakers. The order provides credits of up to 15% of the value of US-assembled vehicles. These credits can be applied against the cost of imported parts, giving carmakers a window of time to bring production back to the US this gradual reduction is designed to encourage companies to reshore their supply chains.
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