"I think we'll have a deal with India" is how US President Donald Trump describes the relaxation of auto tariffs.
When discussing a deal with India, US President Donald Trump told reporters, "India is coming along great." I believe we will reach an agreement with India. In addition to praising his first agreement with a foreign trading partner, U.S. President Donald Trump issued two orders on Tuesday to lessen the impact of his auto tariffs. The orders included a combination of credits and relief from other taxes on goods. The president's visit to Michigan, the birthplace of the American car industry, just days before a new set of 25% import duties on auto parts was about to take effect, helped allay investor concerns about Trump's unpredictable trade policy. On the eve of his 100th day in office, the trip coincided with Americans' growing disenchantment with Trump's economic leadership due to signs that his tariffs will hinder growth and may increase unemployment and inflation. The Republican president agreed to give automakers two years to increase the proportion of...