The official “rapid response” account of the Trump 47 White House posted on X: “NEW: @POTUS just signed an executive order to avoid the cumulative effect of overlapping tariffs on certain articles, such as automobiles and automobile parts.” The post shares the text of the order as well. Publicly traded automakers include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
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