April 30, 2025
Trump softens car invoices as the US strikes the first external trade agreement
Listen to the article President Donald Trump signed two executive orders on Tuesday, resolving the impact of steep car invoices, providing temporary relief from manufacturers and suppliers, as his administration announced a preliminary external trade agreement. In Michigan to mark his 100th day in his office, Trump revealed a duty relief package that allows automakers to offset the duties in imported places. Companies that collect vehicles in the US can claim up to 3.75% of the vehicle’s retail value by April 2026, reducing 2.5% by April 2027. The plan aims to support business during a two -year transition to the





