President Donald Trump will sign an executive order Tuesday to relax some of his 25% tariffs on autos and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.
Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide. White House press secretary Karoline Leavitt said at a Tuesday briefing that Trump would sign the order later in the day but declined to provide details on the order.
Treasury Secretary Scott Bessent, who joined Leavitt at the White House briefing, said the goal was to enable automakers to create more domestic manufacturing jobs.
U.S. Rep. Angie Craig on Tuesday became the latest Minnesota Democrat to enter the increasingly competitive race for a U.S. Senate seat currently held by the retiring Sen. Tina Smith.
In her launch video, Craig vows to “break through the chaos” and fight back against “a president trampling our rights and freedoms as he profits for personal gain, and a cowardly Republican Party rolling over and letting it all happen.”
The 53-year-old entered the Senate race after holding town hall meetings last week in all four congressional districts held by Minnesota Republicans, including Majority Whip Tom Emmer, to highlight the differences between Democrats and President Donald Trump and his supporters in Congress.
Ahead of this week’s Miami Grand Prix, the president of Formula 1’s governing body, the FIA, has signaled he’ll make “improvements” to punishments for swearing and criticism which have sparked a backlash from F1 drivers.
FIA President Mohammed Ben Sulayem posted on Instagram Monday that after “constructive feedback” from drivers across the various event the FIA governs, “I am considering making improvements to Appendix B.”
That’s the document which lays out the punishments for a range of offenses ranging from physical violence to political statements, using foul language and any comments deemed to cause “moral injury or loss” to FIA. The base fine for an F1 driver is set out at 40,000 euros ($45,500).
Abby Madsen can be reached at mads3817@stthomas.edu.