Trump considers pause on auto tariffs amid supply chain adjustments

President Donald Trump has indicated the possibility of temporarily exempting the auto industry from recently imposed 25% tariffs on foreign vehicles and parts, allowing car manufacturers time to adjust their supply chains back to the U.S. During remarks in the Oval Office, he acknowledged that automakers, especially those operating in Canada and Mexico, need time to relocate production. This potential reversal on tariffs comes amid growing concerns from Wall Street economists about the impact of Trump's trade policies on the economy and impending recession fears. The uncertainty surrounding his trade actions has contributed to significant fluctuations in financial markets, with the S&P 500 index down nearly 9% this year. Trump's approach continues to blur the lines on trade policy, as he previously labeled the tariffs as