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1) Trump put 25% tariff on Steel & Aluminum for no reason
2) Ford puts 25% on electricity export in response
3) Trump threatens an additional 25% on Steel & Aluminum in response to Ford
4) Ford backs down 25% on electricity
5) Trumps backs down on the additional 25% on Steel & Aluminum
So the original 25% on Steel & Aluminum is still in effect, IMO Ford lost that round. But a silver lining is that Lutnick at least agreed to an In-Person meeting with Ford & Leblanc, so at least some dialogue seems to have opened up as a result of this.
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1968 Mustang Coupe
2008.5 Mazdaspeed 3
1997 GMC Sonoma ZR2
2014 F150 5.0L XTR 4x4
A vehicle for all occasions
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