The Trump administration plans to reduce tariffs on auto parts following lobbying from industrial leaders, aiming to support domestic manufacturing. This decision is seen as a victory for Trump's trade policy. Despite some major US carmakers pausing production due to retaliatory tariffs, the administration's softening stance on tariffs is expected to positively impact global markets. European and Asian stock markets have shown gains, while the euro weakened against the US dollar amid a fading risk-off sentiment. Teljes cikk (Euronews.com)