Tariff Relief Coming for Automakers Producing in the US, Says White House

President Donald Trump will sign an executive order later today to cushion the impact of his automobile tariffs, the White House said. Earlier this month, the president’s 25 percent tariffs on imported vehicles to the United States went into effect. The tariffs are intended to bolster domestic car manufacturing. Senior Commerce Department officials confirmed that car companies will continue to pay a 25 percent tariff on imported vehicles, but they will not be subjected to other tariffs, such as the 25 percent levy on steel and aluminum or 10 universal baseline duties. Trump’s executive action is meant to prevent certain tariffs from stacking on top of each other....