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Trump signals relief on auto tariffs as industry awaits details
Trump signals relief on auto tariffs as industry awaits details
by  AFP

The White House said Tuesday it will soften tariffs on automakers, sparking optimism in Detroit whose car manufacturing industry has been on tenterhooks awaiting details on President Donald Trump's fast-evolving policy. "The president will sign the executive order on auto tariffs later today," White House Press Secretary Karoline Leavitt told reporters.

US consumer confidence hits lowest level since onset of pandemic
US consumer confidence hits lowest level since onset of pandemic
by  AFP

US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data published Tuesday, reflecting concerns about President Donald Trump's tariff plans. Donald Trump's tariff plans have unnerved investors, sending market volatility soaring and consumer confidence plunging.

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