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President Donald J. Trump Signs Proclamation on Domestic Automobile Production
President Donald J. Trump has signed a proclamation aimed at encouraging domestic automobile production as a measure to protect national security. The proclamation modifies tariffs on automobiles and parts, incentivizing manufacturers to assemble their vehicles in the U.S. By offering tariff offsets for American-made components, the administration seeks to revitalize the domestic auto industry, create jobs, and enhance research and development efforts.
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