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US Plans To Reduce Tariffs On Foreign Auto Components
The New Indian Express Vellore
|April 30, 2025
IN what could turn out to be a positive development for India's auto component companies, the US is planning to reduce the impact of its tariffs on American carmakers by easing some duties on foreign vehicle parts.
"President Trump is building an important partnership with both the domestic automakers and our great American workers," US Commerce Secretary, Howard Lutnick, said in a statement provided by the White House.
Dit verhaal komt uit de April 30, 2025-editie van The New Indian Express Vellore.
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