Trump Signs Signs Executive Order that goes back some car tariffs

President Trump signed a few executive orders on Tuesday, in which some tariffs have decreased for car manufacturers and levies that Ford, General Motors and others complained in the US production by increasing production costs and pressing their profits.

The changes will change the tariffs of Mr. Trump so that automobile manufacturers who pay a tariff of 25 percent for car imports are not subject to other levies, for example for steel and aluminum or for certain imports from Canada and Mexico in accordance with the orders. However, the rules do not seem to protect the car manufacturers from tariffs for steel and aluminum who pay and pass on their suppliers.

Car manufacturers can also qualify for a part of the costs of their imported components for a tariff aid, although these advantages are triggered in the next two years.

Mr. Trump spoke on Tuesday, before leaving the White House for a trip to Michigan, and said that the government wanted to help the car manufacturers “to enjoy this small transition at short notice”.

“If you can't get any parts, we didn't want to punish them,” he said.

The decision to reduce the scope of tariffs is the latest sign that the Trump government's decision to impose stiff taxes on almost all trading partners represents challenges and economic uncertainties for American companies. Despite the concessions announced on Tuesday, the administrative guidelines will give thousands of dollars at the prices for the automobiles and endanger the financial health of car manufacturers and their suppliers, according to analysts.

Mr. Trump signed the Executive Orders on board the Air Force One when he flew to Michigan, the largest car manufacturers in America, for a speech that marked its 100 days in office.