Trump seeks to mitigate the impact of car tariffs, or takes action on Tuesday

According to BlockBeats, on April 29th, informed sources revealed that Trump is expected to take measures to mitigate the impact of his car tariffs, prevent tariffs imposed on foreign cars from overlapping with other tariffs already imposed, and ease some tariffs on foreign parts used to manufacture cars in the United States. This decision will mean that car manufacturers who pay car tariffs will not be subject to other tariffs such as steel and aluminum. The Trump administration will also modify tariffs on foreign auto parts - originally scheduled to take effect on May 3 at a rate of 25% - to allow car manufacturers to receive a tariff compensation equivalent to 3.75% of the value of American made cars within a year. The subsidy will be reduced to 2.75% of the car's value in the second year and gradually phased out. It is expected that Trump will take action before heading to Michigan to attend a rally outside Detroit on Tuesday night, which is his 100th day in office. (Golden Ten)