Trump Lowkey 'Bout to Give the Car Industry a Break From All These Fees 🚗💨

The Deets, No Cap

Aight, listen up, fam. Trump's about to drop an executive order that's gonna be a game-changer for the U.S. automobile industry. Apparently, he's tryna throw 'em a lifeline by giving them some relief from all these duties and tariffs that have been stressing them out. The goal? To get these companies to reshore their manufacturing back to the good ol' US of A. Think of it as a glow-up for American car production, iykyk.

So, what's the tea? The relief package is gonna tackle all the fees hitting the auto industry, like a 25% tariff on car imports (oof!), plus duties on aluminum and steel. They're even easing up on some of the levies on foreign parts that are used in U.S. car factories and tweaking duties on auto parts. Basically, they're tryna make it so car companies ain't getting hit with fees on top of fees. That's like paying extra just to pay, and nobody's here for that vibe, periodt.

Now, why all the fuss? Well, these car companies and lobbying groups have been stressing TF out about these tariffs. They're saying it's messing with the supply chain and driving up prices, which nobody wants. Some companies are even worried about having to shut down production, lay off workers, and, like, go completely belly up. No one wants to see bankruptcies. An increase in vehicle prices is expected due to the tariffs.

And peep the political side of things: This announcement is dropping right before Trump hits up Michigan for a rally. Seems like he's tryna show he's all about bringing jobs back and making America great again. As for Canada, they're keeping a close eye to see how this all affects their auto industry. They got a partial pass on some tariffs 'cause of the new trade deal (CUSMA), but they're still watching to see the fallout. I guess we will just have to wait and see the full picture, fr fr.

Oh, and BTW, GM (General Motors) is feeling optimistic, saying they appreciate the chats with Trump's administration and are down to keep working together. Six of the auto industry’s largest lobbying groups sent a letter urging tariff relief. So, yeah, the car world is def buzzing right now.