CBS News and Stations President Wendy McMahon announced on Monday that she is resigning over disagreements with the network as CBS&#8217; parent company, Paramount, looks to settle a massive lawsuit brought by President Donald Trump.
McMahon said her time with the network was &#8220;a privilege and joy,&#8221; but added that recent months have been &#8220;challenging,&#8221; according to <a href="https://www.nbcnews.com/business/media/cbs-news-chief-steps-down-over-trump-tensions-rcna207700" target="_blank" rel="noopener">NBC News</a>. Her resignation comes as Paramount moves closer to settling a $20 billion lawsuit brought by Trump, which alleges that &#8220;60 Minutes&#8221; deceptively edited an interview with former Vice President Kamala Harris to cover up her poor answer while she was running for president. Paramount&#8217;s controlling shareholder and chair, Shari Redstone, wants to settle the lawsuit as she also <a href="https://www.bloomberg.com/news/articles/2025-04-28/behind-the-60-minutes-upheaval-a-big-merger-seeking-approval" target="_blank" rel="noopener">seeks</a> the Trump administration&#8217;s approval to sell her company to the entertainment company, Skydance.
&#8220;It’s become clear that the company and I do not agree on the path forward,&#8221; McMahon wrote in a memo to CBS News staff. &#8220;It’s time for me to move on and for this organization to move forward with new leadership.&#8221;
McMahon, who took over as CBS News and Stations president in August 2023, put herself in the crosshairs of Paramount executives with her support of former longtime &#8220;60 Minutes&#8221; executive producer Bill Owens, who resigned last month, citing a lack of control over the direction of the stalwart news program, The New York Times <a href="https://www.nytimes.com/2025/05/19/business/media/cbs-60-minutes-trump-wendy-mcmahon.html" target="_blank" rel="noopener">reported</a>. The leadership at Paramount was reportedly growing anxious with how the show reported on the Trump administration.
Redstone also slammed CBS News leadership last October after it reprimanded “CBS Mornings” anchor Tony Dokoupil for asking Left-wing activist Ta-Nehisi Coates tough questions about the Israel-Gaza conflict. McMahon informed Dokoupil that he had violated &#8220;the preproduction process where questions are run through Race and Culture and Standards and Practice.&#8221; Redstone <a href="https://www.nytimes.com/2024/10/09/business/media/ta-nehisi-coates-cbs-interview-shari-redstone.html" target="_blank" rel="noopener">said publicl</a>y that CBS News&#8217; decision to reprimand the anchor was &#8220;a mistake.&#8221;
“I think we all agree that this was not handled correctly,” Redstone said.
McMahon will continue to work as CBS News president for a transition period that will last &#8220;a few weeks,&#8221; according to George Cheeks, the chief executive of CBS. McMahon will be replaced by Tom Cibrowski, who recently joined CBS News after working for ABC News for 30 years in multiple roles, and Jennifer Mitchell, who currently &#8220;oversees 27 CBS-owned stations and manages stations operations in 17 markets.&#8221;

Wendy McMahon

CBS News President Quits Amid ’60 Minutes’ Legal Battle With Trump

60 Minutes

Business

CBS News

Donald Trump

Legacy Media

Mainstream Media

Media

Waymo, the software company that was first known as the Google Self-Driving Car Project, recalled more than 1,200 of its robotaxis this week after a software glitch caused multiple crashes into chains, gates, or other roadway barriers.
The recall comes after the National Highway Traffic Safety Administration opened an investigation into Waymo robotaxis after reports of the automated cars violating traffic laws, CNBC <a href="https://www.cnbc.com/2025/05/14/waymo-recalls-1200-self-driving-vehicles-after-minor-collisions.html#:~:text=Alphabet's%20Waymo%20is%20recalling%20more,opened%20a%20probe%20last%20year." target="_blank" rel="noopener">reported</a>. Waymo said it was aware of 16 collisions with barriers between 2022 and 2024, none of which were serious. The company currently has more than 1,500 robotaxis operating in Los Angeles, San Francisco, Phoenix, and Austin.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Waymo turned into oncoming traffic on the way to work.
It sat there confused for 45 seconds with its hazards on.
Then it proceeded to back up into oncoming traffic.
And they’re about to let these guys on the freeway 😂 <a href="https://t.co/ZLRKx2loo1">pic.twitter.com/ZLRKx2loo1</a>
&mdash; Jake Glaser | LA Multifamily (@LAMultiBroker) <a href="https://twitter.com/LAMultiBroker/status/1885370114054512921?ref_src=twsrc%5Etfw">January 31, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Road safety regulators said that some of the crashes “involved collisions with clearly visible objects that a competent driver would be expected to avoid.”
Waymo said it has fixed the issue with a regular update to its fifth-generation self-driving software in November of 2024.
“Waymo provides more than 250,000 paid trips every week in some of the most challenging driving environments in the U.S.,” the company said, according to CNBC. “Our record of reducing injuries over tens of millions of fully autonomous miles driven shows our technology is making roads safer.”
It&#8217;s at least the third time in the past year that Waymo has recalled robotaxis over potential software issues. In February, the company recalled 444 automated vehicles after two robotaxis crashed into the same truck that was being towed, according to <a href="https://nypost.com/2025/05/14/business/waymo-recalls-1200-robotaxis-over-glitch-linked-to-crashes/?utm_campaign=nypost&amp;utm_medium=social&amp;utm_source=twitter" target="_blank" rel="noopener">The New York Post</a>. Last June, 700 robotaxis were recalled after one crashed into a telephone pole in Phoenix. No one was injured in that crash.
The National Highway Traffic Safety Administration is also looking into Tesla&#8217;s planned launch of its own robotaxi service, which it hopes to start up in June. The federal government has <a href="https://static.nhtsa.gov/odi/inv/2024/INIM-PE24031-62887.pdf" target="_blank" rel="noopener">asked</a> Tesla to provide more information on its Full Self-Driving (FSD) system to “understand how Tesla plans to evaluate its vehicles and driving automation technologies for use on public roads.” The feds also want to know how many robotaxis Tesla plans on sending out and if the vehicles will be monitored by Tesla in real time.
In a social media post in April, Tesla announced, &#8220;FSD Supervised ride-hailing service is live for an early set of employees in Austin &amp; San Francisco Bay Area. We&#8217;ve completed over 1.5k trips &amp; 15k miles of driving. This service helps us develop &amp; validate FSD networks, the mobile app, vehicle allocation, mission control &amp; remote assistance operations.&#8221;
This article has been updated to clarify that Waymo said it fixed the issue with a regular update to its fifth-generation software.

Waymo

Over 1,200 Self-Driving Robotaxis Recalled Due To Software Glitch That Led To Crashes

Cars

Google

Recall

Technology

President Donald Trump on Monday morning signed an executive order to significantly reduce pharmaceutical drug prices for Americans.
The directive, Trump stressed, will bring fairness to Americans and cut out &#8220;the middlemen&#8221; to bring prices down so citizens will start to pay prices comparable to other developed nations.
&#8220;Starting today, the United States will no longer subsidize the drug prices of other countries,&#8221; the president said. &#8220;We&#8217;ve been subsidizing drug prices for the rest of the world, not just the European Union.&#8221;
By implementing a policy called &#8220;Most Favored Nation,” Trump said the U.S. is &#8220;gonna pay the lowest price there is in the world. We&#8217;re no longer paying ten times more than another country.&#8221;
Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., who was with Trump at a press conference on Monday morning, said that other nations, particularly those in the European Union, must chip in for research and development. Kennedy said raising their prices by just 20% would dramatically reduce costs in the United States.
Trump teased the executive order Sunday night on Truth Social, saying it would reduce prices by up to 80%.
<blockquote class="twitter-tweet">
JUST IN: PRESIDENT TRUMP&#8217;S &#8220;MOST IMPORTANT AND IMPACTFUL&#8221; TRUTH EVER ISSUED ⬇️
&#8220;I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history&#8230;.&#8221; <a href="https://t.co/YfyKzked0S">pic.twitter.com/YfyKzked0S</a>
— The White House (@WhiteHouse) <a href="https://twitter.com/WhiteHouse/status/1921695676032856313?ref_src=twsrc%5Etfw">May 11, 2025</a></blockquote>
During Trump&#8217;s first term, he introduced a regulation for certain cancer drugs and others to be the same price as they were abroad. The Biden administration, however, <a href="https://www.wsj.com/politics/policy/trump-says-he-will-sign-executive-order-aimed-at-lowering-drug-prices-2a5b9b28" target="_blank" rel="noopener">abandoned</a> the regulation after a court struck it down on procedural grounds.
White House Press Secretary Karoline Leavitt discussed the order on Monday, saying online that other presidents &#8220;merely talked about addressing this problem – but President Trump is taking bold action to finally solve it and deliver a good deal for American families and seniors.&#8221;
&#8220;President Trump is signing a historic Executive Order to significantly reduce drug prices for Americans,&#8221; she posted on X. &#8220;This EO will help bypass costly middlemen and bring the prices Americans pay for prescription drugs in line with those paid by other nations.&#8221;
<blockquote class="twitter-tweet">
President Trump is signing a historic Executive Order to significantly reduce drug prices for Americans.
This EO will help bypass costly middlemen and bring the prices Americans pay for prescription drugs in line with those paid by other nations.
Other Presidents merely talked… <a href="https://t.co/KTD37JonpH">pic.twitter.com/KTD37JonpH</a>
— Karoline Leavitt (@PressSec) <a href="https://twitter.com/PressSec/status/1921907172528607564?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
White House Health Policy Adviser Calley Means, the brother of surgeon general nominee Casey Means, promoted the order online, posting on X, &#8220;The U.S. is less than 5% of the world’s population but produces 75% of worldwide pharma profits. That’s not the free market. It&#8217;s rank corporate capture.&#8221;
<blockquote class="twitter-tweet">
The U.S. is less than 5% of the world’s population but produces 75% of worldwide pharma profits.
That’s not the free market. Its rank corporate capture.
— Calley Means (@calleymeans) <a href="https://twitter.com/calleymeans/status/1921923593090248806?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
&#8220;&#8216;Price controls&#8217; would assume we have a free market in healthcare. It is not a free market when America, the largest purchaser of drugs in the world, pays 10 more for major drugs from American companies than Germany,&#8221; Means commented, responding to criticism of the order. &#8220;That’s corruption.&#8221;
<blockquote class="twitter-tweet">
“Price controls” would assume we have a free market in healthcare.
It is not a free market when America, the largest purchaser of drugs in the world, pays 10 more for major drugs from American companies than Germany.
That’s corruption.
— Calley Means (@calleymeans) <a href="https://twitter.com/calleymeans/status/1921901461132243425?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
The order follows another directive signed by Trump on May 5, which seeks to reduce the regulatory burden on the domestic production of critical medicines.
&#8220;One key area of concern is the length of time it takes to build pharmaceutical manufacturing facilities in the United States today,&#8221; the order <a href="https://www.whitehouse.gov/presidential-actions/2025/05/regulatory-relief-to-promote-domestic-production-of-critical-medicines/" target="_blank" rel="noopener">reads</a>. &#8220;New construction must navigate myriad Federal, State, and local requirements ranging from building standards and zoning restrictions to environmental protocols that together diminish the certainty needed to generate investment for large manufacturing projects.&#8221;
The order notes that estimates suggest building new pharmaceutical manufacturing plants &#8220;may take as long as 5 to 10 years, which is unacceptable from a national security standpoint.&#8221;
Within 180 days, the Administrator of the Environmental Protection Agency (EPA) will take action to &#8220;update regulations and guidance that apply to the inspection and approval of new and expanded manufacturing capacity of pharmaceutical products, active pharmaceutical ingredients, key starting materials, and associated raw materials in the United States to eliminate any duplicative or unnecessary requirements and maximize the timeliness and predictability of agency review,&#8221; the order notes.

TOPSHOT-US-POLITICS-HEALTH-TRUMP-KENNEDY

Trump Signs Order To Reduce Drug Prices, Tells Rest Of World To Pay Up

Trump Signs Order To Dramatically Reduce Drug Prices, Tells Rest Of World To Pay Up

Big Pharma

Executive

Executive Orders

Health

Prices

Robert F. Kennedy Jr.

The &#8220;Big Three&#8221; U.S. car companies are disappointed in President Donald Trump&#8217;s <a href="https://www.dailywire.com/news/both-countries-will-become-stronger-trumps-trade-deal-will-give-u-s-more-access-to-u-k-economy" target="_blank" rel="noopener">trade agreement</a> with the United Kingdom, claiming that the deal will harm &#8220;American automakers, suppliers, and auto workers.&#8221;
The American Automotive Policy Council (AAPC), which represents Ford, General Motors, and Stellantis, released a <a href="https://www.americanautomakers.org/american-automakers-statement-trump-administrations-united-kingdom-trade-announcement" target="_blank" rel="noopener">statement</a> on Thursday criticizing Trump&#8217;s trade deal with Britain shortly after the agreement was announced in the Oval Office. Trump and his trade officials hailed the deal as a major victory for the president&#8217;s economic agenda, but U.S. car manufacturers argue that it prioritizes the United Kingdom &#8220;ahead of our North American partners.&#8221;
Ford, GM, and Stellantis, which make some of their vehicles in Canada and Mexico, are upset that U.K. car companies will only pay a 10% tariff to export to the U.S. market while the American automakers continue to face a 25% tariff for vehicles manufactured outside of the country.
“The U.S. automotive industry is highly integrated with Canada and Mexico; the same is not true for the U.S. and UK. We are disappointed that the administration prioritized the UK ahead of our North American partners,&#8221; said Matt Blunt, the former Missouri GOP governor who is now the AAPC president. &#8220;Under this deal, it will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA compliant vehicle from Mexico or Canada that is half American parts. This hurts American automakers, suppliers, and auto workers.&#8221;
In a statement to <a href="https://nypost.com/2025/05/08/business/us-automakers-furious-at-trumps-trade-deal-with-uk-and-heres-why/" target="_blank" rel="noopener">the New York Post</a> on Friday, the White House responded to the automakers&#8217; statement, defending the deal with the United Kingdom.
&#8220;No president has taken a greater personal interest in reviving the American auto industry than President Trump. The Trump administration is working hand-in-glove with automakers to reshore manufacturing that is critical to our national and economic security, including with custom-tailored tariff relief and deregulatory policies,&#8221; said White House spokesman Kush Desai.
Trump, through his 25% tariff on auto imports, has been pushing American auto manufacturers to bring manufacturing back to the United States from Canada and Mexico. Last month, the president agreed to provide some tariff relief to U.S. car companies, preventing additional tariffs from stacking on top of each other in exchange for the companies&#8217; commitments to furthering their domestic production. The &#8220;Big Three&#8221; automakers are now concerned that foreign competition from the United Kingdom will get the upper hand following Trump&#8217;s trade deal.
Trump&#8217;s agreement with the United Kingdom will allow the country to export up to 100,000 cars to the United States for a 10% tariff, a decrease from the president&#8217;s 25% duty on other foreign auto imports. In 2024, nearly 16 million total vehicles were sold in the United States. Some of the top-selling British brands include Jaguar, Bentley, Rolls-Royce, and Range Rover. Rolls-Royce engines will also be allowed to come into the United States tariff-free.
&#8220;This historic deal delivers for British business and British workers, protecting thousands of British jobs in key sectors including car manufacturing and steel,&#8221; British Prime Minister Keir Starmer <a href="https://www.bbc.com/news/articles/cp92r2kvk74o" target="_blank" rel="noopener">said</a>.
U.K. Business Secretary Jonathan Reynolds told the <a href="https://www.bbc.com/news/articles/cp92r2kvk74o" target="_blank" rel="noopener">BBC</a> that the trade deal came just in time as the country was close to losing thousands of auto manufacturing jobs due to Trump&#8217;s tariffs.
&#8220;This was very serious,&#8221; he said. &#8220;It would have meant people would have lost their jobs without this breakthrough.&#8221;
The AAPC added that it hopes &#8220;this preferential access for UK vehicles over North American ones does not set a precedent for future negotiations with Asian and European competitors.&#8221;

GM Plant

‘This Hurts American Automakers’: ‘Big Three’ U.S. Car Companies Rip Trump’s U.K Trade Deal

Economy

Ford Motor Co.

Tariffs

U.K.

White House

Ever since the unconscionable horror of October 7 and the brutal war that followed, there’s been a disturbing uptick in corporate activists competing to have the worst possible takes on the conflict — and getting big business to share those takes. This activism is aimed not at establishing a serious way for America’s largest tech &amp; defense companies to view the war against Hamas, but for foisting activist (i.e. non-fiduciary) objectives on the way they conduct their business involving it.
This is nothing new — last year saw a <a href="https://www.dailywire.com/news/since-october-7-anti-israel-activism-has-failed-where-it-matters-most" target="_blank" rel="noopener">surge</a> in anti-Israel activism at numerous shareholder meetings, albeit not activism that resonated with the shareholder audience (in fact, its influence is notably decreasing). Why, then, does this activism persist? This Tuesday, we got a rare sneak peak at the real reason.
Intel is one of the largest private businesses operating in Israel. The company has been in the country since 1974 and is maybe the most crucial company in the Israeli high-tech sector, with other major corporate actors like Nvidia &amp; Apple also maintaining major presences in the region. And yet, despite this 50+ year business relationship that’s not only created tremendous wealth for Israel but generated massive return for Intel shareholders across the globe, corporate activists aren’t happy. Again, nothing new. But at Intel’s <a href="https://central.virtualshareholdermeeting.com/vsm/web?pvskey=INTEL25" target="_blank" rel="noopener">annual meeting</a> on Tuesday, the company fielded a proposal urging the company not merely for risk analysis, but to divest from the country entirely.
Dubbed an “ethical impact assessment,” the <a href="https://d1io3yog0oux5.cloudfront.net/_1d2493931f76b3eb3a02f6d948d9f540/intel/files/documents/flipbook/Intel_Proxy_2025_Files/90/index.html#zoom=true" target="_blank" rel="noopener">shareholder proposal</a> pushed Intel to consider the “moral &amp; legal implications” of continuing to do business with Israel — many anti-Israel proposals, from <a href="https://www.sec.gov/Archives/edgar/data/1526520/000119312524129373/d725214dars.pdf" target="_blank" rel="noopener">TripAdvisor</a> to <a href="https://investors.rtx.com/static-files/f5957454-3174-4285-bf5f-06462044467d" target="_blank" rel="noopener">Raytheon</a>, couch the pressure to divest in innocuous, noble-sounding sentiments involving ethics and human rights (or borrow activist terms like ‘apartheid.’)
Activists at Intel argued that the company should completely “reassess [its] business relationship with Israel,” alleging that the human costs of war against Hamas are grounds for Intel to uproot its ties to a country it’s invested in for more than half a century. And then came the <a href="https://central.virtualshareholdermeeting.com/vsm/web?pvskey=INTEL25" target="_blank" rel="noopener">boom</a>: “We risk exclusion from important ESG indices that screen for human rights compliance in conflict zones.”
There’s no analysis that could make it plainer than that. The real case for why Israel’s most consistent business partners should divest, at its heart, boiled down to ESG ratings. That’s the case: this long standing relationship, that both provides shareholder return and protects innocent civilian life in a just war against one of the world’s most brutal terrorist organizations, has to go so that Intel’s ESG score doesn’t suffer.
<div id="attachment_918149" style="width: 874px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-918149" class="size-large wp-image-918149" src="https://dw-wp-production.imgix.net/2025/05/GettyImages-2213569192-864x576.jpg" alt="A display of missiles and drones at the Lockheed Martin Corp. booth at the DEFEA international defense exhibition in Athens, Greece, on Wednesday, May 7, 2025. The Defence Exhibition Athens takes place between May 6 to May 8. Photographer: Nick Paleologos/Bloomberg via Getty Images" width="864" height="576" srcset="https://dw-wp-production.imgix.net/2025/05/GettyImages-2213569192-864x576.jpg 864w, https://dw-wp-production.imgix.net/2025/05/GettyImages-2213569192-300x200.jpg 300w, https://dw-wp-production.imgix.net/2025/05/GettyImages-2213569192-768x512.jpg 768w, https://dw-wp-production.imgix.net/2025/05/GettyImages-2213569192.jpg 1024w" sizes="(max-width: 864px) 100vw, 864px" />A display of missiles and drones at the Lockheed Martin Corp. booth at the DEFEA international defense exhibition in Athens, Greece, on Wednesday, May 7, 2025. Nick Paleologos/Bloomberg via Getty Images</div>
The implicit premise here is, of course, that Israel’s actions to subdue Hamas and defend itself against a fighting force that expressly seeks its annihilation are incompatible with ESG dogma. And it’s not just Intel — today, Lockheed Martin shareholders will vote for the second year in a row on a <a href="https://www.lockheedmartin.com/content/dam/lockheed-martin/eo/documents/annual-reports/2025-proxy-statement.pdf" target="_blank" rel="noopener">shareholder proposal</a> pushing the company to stop its similarly long standing relationship with Israel, arguing that Lockheed selling fighter jets renders it complicit in war crimes.
These activist narratives, while arguably nobly intentioned, make the perfect (i.e. a world where war apparently doesn’t involve business decisions and difficult questions) the enemy of the good (i.e. the real world). War has never been free of moral questions — and the philosophical questions involved in companies that operate in war-adjacent industries are real and <a href="https://www.sec.gov/Archives/edgar/data/1996368/000109690625000722/bowy_px14a6g.htm" target="_blank" rel="noopener">worth discussing</a>. But ESG-aligned activists are making it abundantly clear that their answers don’t pass muster.
Pushing a tech company like Intel to divest from an entire nation based on nothing more than chronically vague statements about human rights and a handful of Amnesty International articles opining about ‘apartheid’ (yes, that’s what activists put forward at the meeting Tuesday) isn’t a serious business argument. And pushing a weapons company like Lockheed Martin to stop selling weapons to a longtime business partner engaged in a just war, fighting terrorists that hide among innocent civilian populations, based on nothing more than vague language about “misalignment” with human rights policies, isn’t a serious business argument either.
Too often, ESG-aligned arguments boil down to profoundly unwise ideas wrapped in nice-sounding turns of phrase. Pressuring energy companies into wildly non-fiduciary <a href="https://www.forbes.com/sites/jemmagreen/2024/08/29/why-big-corporations-are-quietly-abandoning-their-climate-commitments/" target="_blank" rel="noopener">net-zero commitments</a> is portrayed as being “climate conscious.” <a href="https://www.dailywire.com/news/the-radical-intolerance-behind-woke-corporate-activism" target="_blank" rel="noopener">Pressuring</a> companies into providing puberty blockers for employees’ children is portrayed as “healthcare,” “corporate equality,” and “inclusion.” And now, pressuring companies to divest from Israel, not for demonstrated business but activist narratives that can’t acknowledge the existence of just war, is being portrayed as “responsibly reduc[ing] risk.”
Shareholders are increasingly rejecting these arguments — given their implicit premises, perhaps that’s not surprising. But it’s as good a moment as any to remember that nice sounding business words don’t mean anything without real moral arguments behind them. And if keeping your ESG score means disarming Israeli civilians being targeted by Hamas, that says more about ESG than it does about anything else.
* * *
Isaac Willour is an award-winning journalist focusing on race, culture, and American conservatism, as well as a corporate relations analyst at Bowyer Research. His work has been featured at outlets including USA Today, The Wall Street Journal, The New York Times Opinion, C-SPAN, and The Daily Wire. He is a member of the Young Voices contributor program and can be found on X <a href="https://twitter.com/IsaacWillour" target="_blank" rel="noopener">@IsaacWillour</a>.
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

Intel Headquarters Ahead Of Earnings Figures

How ESG Scores Became The New Weapon In The War On Israel

Boycott Divest Sanction

Corporations

Dow Jones

Israel

Lockheed Martin

Opinion

shareholders

Americans will soon feel the pinch of President Donald Trump&#8217;s tariffs if they&#8217;re looking to buy certain Ford vehicles, according to a notice sent to dealers and obtained by Reuters.
Citing Trump&#8217;s tariff on foreign vehicle imports, Ford is increasing the prices of its Mustang Mach-E electric SUV, Maverick pickup truck, and Bronco Sport by as much as $2,000, Reuters <a href="https://www.cnbc.com/2025/05/07/ford-hikes-prices-on-mexico-produced-models-citing-tariffs.html" target="_blank" rel="noopener">reported</a>. The price increase will only affect vehicles built after May 2, which are expected to arrive at U.S. dealerships in late June, according to a Ford spokesman.
The spokesman added that the price increase reflects “usual” mid-year actions &#8220;combined with some tariffs we are facing.&#8221;
&#8220;We have not passed on the full cost of tariffs to our customers,&#8221; the spokesman added.
The price increase will likely be seen after Ford ends its major <a href="https://www.dailywire.com/news/from-america-for-america-ford-offering-major-discounts-as-tariffs-kick-in" target="_blank" rel="noopener">discount offer</a> for American buyers. Ford is currently offering customers employee pricing until June 2, which it says is &#8220;worth thousands of dollars&#8221; in savings.
In an effort to push for more American car production, Trump imposed a 25% tariff on auto imports, affecting around eight million vehicles imported to the United States each year. Late last month, Trump<a href="https://www.dailywire.com/news/a-major-victory-trump-makes-deal-with-auto-industry-for-tariff-relief" target="_blank" rel="noopener"> made a deal</a> with the auto industry to relieve some of the tariff pressure, signing an order to prevent auto tariffs from “stacking” on top of each other in exchange for manufacturers&#8217; continued focus on domestic production. While auto manufacturers will continue to pay the 25% tariff on auto imports under the new deal, they won&#8217;t be hit with additional tariffs, such as the 25% tax on steel and aluminum.
Car companies, including Ford, suspended their annual earnings guidance for 2025 over the tariffs. Ford said earlier this week that it expects to see a $2.5 billion impact from Trump&#8217;s tariffs, CNBC <a href="https://www.cnbc.com/2025/05/05/ford-motor-f-earnings-q1-2025.html" target="_blank" rel="noopener">reported</a>. The Michigan-based auto company has yet to announce any plans to ramp up domestic manufacturing or move plants from Mexico to the United States. After Trump relieved some tariff pressure on car companies, Ford CEO Jim Farley <a href="https://www.cnbc.com/2025/04/29/trump-auto-tariffs.html" target="_blank" rel="noopener">vowed</a> to “continue to work closely with the administration in support of the president’s vision for a healthy and growing auto industry in America.&#8221;
&#8220;Ford sees policies that encourage exports and ensure affordable supply chains to promote more domestic growth as essential,&#8221; Farley added.
Some of Ford&#8217;s foreign competition, such as Hyundai, BMW, and <a href="https://www.dailywire.com/news/mercedes-says-it-will-make-another-car-in-the-u-s-after-trump-tariffs" target="_blank" rel="noopener">Mercedes-Benz</a>, have announced plans to <a href="https://www.dailywire.com/news/tariffs-very-strongly-work-trump-announces-21-billion-hyundai-investment-in-u-s" target="_blank" rel="noopener">invest</a> in more U.S. manufacturing as they seek to navigate the tariffs.

Ford

Ford To Jack Up Prices On Vehicles Made In Mexico Over Tariffs

Auto Companies

Mexico

Major companies like PepsiCo and Tyson Foods are accelerating changes to their American recipes to more align with the &#8220;Make America Healthy Again&#8221; agenda.
Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. <a href="https://www.dailywire.com/news/rfk-jr-to-ban-petroleum-based-food-dyes?utm_source=facebook&amp;utm_medium=social&amp;utm_campaign=dwbrand" target="_blank" rel="noopener">announced</a> last month that the Food and Drug Administration (FDA) is working with companies to phase out petroleum-based food dyes by the end of 2026, in addition to banning numerous other color additives.
The CEOs of both PepsiCo and Tyson Foods have said they will be ahead of schedule on such changes.
Ramon Laguarta, the head of PepsiCo, said on a recent conference call that he wants his company to lead the way on ridding products of artificial food dyes. PepsiCo makes drinks like Pepsi, Mountain Dew, and Gatorade, and owns the Frito-Lay brand, which makes Doritos, Lay&#8217;s, and Sun Chips, to name only a few popular products.
Specifically, brands like Lay’s and Tostitos will be rid of artificial colors by the end of 2025 &#8212; a year ahead of Kennedy&#8217;s planned phase-out.
“We’ve been leading the transformation of the industry now for a long time on sodium reduction, sugar reduction and better fats,” Laguarta said on the call, Food Business News <a href="https://www.foodbusinessnews.net/articles/28167-pepsico-to-accelerate-phaseout-of-artificial-ingredients" target="_blank" rel="noopener">reported</a>.
&#8220;When we talk about the US food business, 60%-plus of our (portfolio) today doesn’t have any artificial colors, so we’re undergoing that transition,” he added. “For example, brands like Lay’s will be out of artificial colors by the end of this year, and the same with Tostitos — some of our big brands. So we’re well underway.”
Laguarta also said he stood by the safety of all PepsiCo products as they are now, but acknowledged that this shift to more natural ingredients is what consumers are asking for. In the next couple of years, all PepsiCo products will have natural colors, or, at the least, options for natural colors so the consumer can choose, Laguarta said. 
“Our products are very safe, and there’s nothing to worry about. But we understand that there’s probably going to be a consumer demand for more natural ingredients, and we’re going to be accelerating that transition,&#8221; he said. &#8220;Ideally, we can do this in a very pragmatic, orchestrated way as an industry and not create unnecessary panic or chaos.&#8221;
“But we’ll lead that transition, and in the next couple of years, we’ll have migrated all the portfolio into natural colors or at least provide the consumer with natural color options,&#8221; the CEO added. &#8220;And every consumer will have the opportunity to choose what they prefer. So that’s the journey we’re undergoing.”
Donnie King, the CEO of Tyson Foods, which makes a number of chicken products and frozen foods, said the company will eliminate synthetic dyes from its products by the end of this month. 
&#8220;Just 13 days after [HHS] and the [FDA] announced plans to phase out petroleum-based synthetic dyes from the nation’s food supply, Tyson Foods today reported it will eliminate these dyes by the end of May,&#8221; Secretary Kennedy celebrated on X. &#8220;I look forward to seeing more companies follow suit and put the health of Americans first. Together, we will Make America Healthy Again.&#8221;
<blockquote class="twitter-tweet">
Just 13 days after <a href="https://twitter.com/HHSGov?ref_src=twsrc%5Etfw">@HHSgov</a> + <a href="https://twitter.com/US_FDA?ref_src=twsrc%5Etfw">@US_FDA</a> announced plans to phase out petroleum-based synthetic dyes from the nation’s food supply, Tyson Foods today reported it will eliminate these dyes by the end of May. I look forward to seeing more companies follow suit and put the health of… <a href="https://t.co/HUyKJCTN70">pic.twitter.com/HUyKJCTN70</a>
— Secretary Kennedy (@SecKennedy) <a href="https://twitter.com/SecKennedy/status/1919498755554083277?ref_src=twsrc%5Etfw">May 5, 2025</a></blockquote>
Related: <a href="https://www.dailywire.com/news/maha-in-100-days-how-trump-and-rfk-are-transforming-american-food-healthcare" target="_blank" rel="noopener">MAHA In 100 Days: How Trump And RFK Are Transforming Food And Healthcare In America</a>

Doritos tortilla chips seen in a Target superstore

Major Food Companies Accelerate MAHA Changes To Recipes

Department of Health and Human Services

Food

Health and Human Services

The culture is slowly returning back to sane – <a href="https://www.dailywire.com/news/its-norming-in-america-feels-different-doesnt-it" target="_blank" rel="noopener">i</a>t’s norming, if you will. But despite winning some major conservative victories in recent months, it will take decades, if not centuries, to rid the nation of the worst remnants of unchecked progressive power.
Here’s one perfect example: abortion tourism.
No, it’s not some deranged itinerary item from your local Satanic travel guide. “<a href="https://studentsforlife.org/2023/12/08/three-reasons-why-abortion-tourism-or-death-destinations-are-a-problem/" target="_blank" rel="noopener">Abortion tourism</a>” is the practice of pregnant women traveling to a state with fewer restrictions on abortion, and some major corporations are paying for their employees to cross state lines to procure abortions. It began when many red states began protecting unborn life following the overturning of Roe v. Wade in 2022 and continues to this day. 
These companies – including big names like <a href="https://www.dailywire.com/news/subsidizing-the-abortion-industry-amazon-to-fund-abortion-tourism-for-its-employees" target="_blank" rel="noopener">Amazon</a>, <a href="https://www.nbcnewyork.com/news/local/amazon-apple-among-companies-that-will-cover-abortion-travel-costs-for-employees/3748609/#:~:text=in%20travel%20reimbursements.-,Apple,abortion%20law%20went%20into%20effect." target="_blank" rel="noopener">Apple</a>, <a href="https://www.cnbc.com/2022/05/16/starbucks-to-cover-employees-travel-expenses-for-abortions-gender-affirming-surgeries.html" target="_blank" rel="noopener">Starbucks</a>, <a href="https://www.nbcnews.com/news/us-news/companies-that-will-protect-employee-access-to-abortions-rcna35265" target="_blank" rel="noopener">Meta</a>, <a href="https://www.cnn.com/2022/08/19/business/walmart-abortion-coverage/index.html" target="_blank" rel="noopener">Walmart</a>, <a href="https://www.cnn.com/2022/03/16/investing/citi-abortion-travel-expenses" target="_blank" rel="noopener">Citigroup</a>, and others – are perfectly content to fund the killing of the unborn children of their employees. 
In the wake of the Dobbs v. Jackson Women’s Health decision in June of 2022, dozens of major corporations implemented or expanded employee benefit programs to cover travel expenses for out-of-state abortions. 
Some <a href="https://www.dailysignal.com/2024/11/19/over-40-fortune-100-companies-cover-abortion-travel/" target="_blank" rel="noopener">companies</a> offer up to $4,000 per instance. Others have added these benefits to HR portals and employee handbooks. Dick’s Sporting Goods <a href="https://www.cbsnews.com/news/abortion-travel-companies-paying-benefits-amazon-starbucks-target/" target="_blank" rel="noopener">said</a> it will reimburse as much as $4,000 in abortion travel costs &#8220;to the nearest location that care is legally available&#8221; for workers, their spouses and dependents.
These companies are willing to invest thousands to ensure employees can kill their unborn children, regardless of what state they live in. For example, cosmetics company Estee Lauder put out a <a href="https://www.instagram.com/p/CfNXxG5p9sM/?utm_source=ig_embed&amp;ig_rid=549d68e8-ef1e-4fe4-b362-0b2161495e96&amp;img_index=1" target="_blank" rel="noopener">message</a> saying they are committed to providing employees with “comprehensive benefit programs” to make “health decisions,” including “the coverage of travel and lodging necessary to access reproductive healthcare options.”
It may all be cloaked in lingo and jargon, but the overall messaging is crystal clear. They want to help employees kill their unborn children efficiently.
Every time you purchase an item from one of these woke corporations, that money is showing a little bit of support for ghoulish endeavors like “abortion tourism.” Sure, Meta has <a href="https://www.dailywire.com/news/facebook-to-shut-down-fact-checking-program-on-monday-officially-over?row=0&amp;elementPosition=undefined&amp;rowType=Vertical+List&amp;author=Leif+Le+Mahieu&amp;title=Facebook+To+Shut+Down+Fact-Checking+Program+On+Monday%3A+%E2%80%98Officially+Over%E2%80%99&amp;category=News" target="_blank" rel="noopener">backed off</a> the overt censorship of free speech, and Walmart <a href="https://www.dailywire.com/news/walmart-caves-massive-retailer-the-next-woke-domino-to-fall-under-pressure-from-robby-starbuck" target="_blank" rel="noopener">walked back</a> DEI initiatives. Target <a href="https://www.npr.org/2024/05/15/1251355534/target-scales-back-pride-month-merchandise-2024#:~:text=Target%20scales%20back%20on%20its%20LGBTQ+%20merchandise%20ahead%20of%20Pride%20Month%202024&amp;text=Walker%20IV/AP-,Target%20confirmed%20that%20it%20won't%20be%20carrying%20its%20LGBTQ+,retailer%20received%20backlash%20last%20year." target="_blank" rel="noopener">turned</a> its monthlong Pride celebration into a shell of its former self. But despite these outward concessions to normal Americans, these companies are still quietly doing the work of the radical Left behind closed doors. 
In these confusing times, it’s more important than ever to support companies that share the same values. At <a href="https://www.jeremysrazors.com/" target="_blank" rel="noopener">Jeremy’s Razors</a>, we’re always focused on offering a quality product that doesn’t compromise on values. No ESG nonsense, no DEI quotas, and certainly no secret funding for abortion.
We don’t just say we support life. We live it, promote it, and protect it. And we believe businesses should be in the business of supporting employees and serving customers, not financially aiding the destruction of America’s unborn children.
We’re here to ensure you get a great shave—and the peace of mind that your money isn’t underwriting a cause you fundamentally oppose. <a href="https://www.jeremysrazors.com/collections/womens" target="_blank" rel="noopener">And right now you can save up to 25% on all Jeremy’s Women’s products</a>. 
Supporting life means recognizing the dignity of every human being, born and unborn. It means valuing the family, supporting real healthcare, and building a culture that lifts people up instead of treating life as disposable. If that sounds old-fashioned, good. We embrace it. 
Stop spending your hard-earned dollars at companies that fund abortions. Spend your money with Jeremy’s instead. Your face — and your values — deserve better.
<a href="https://www.jeremysrazors.com/collections/womens" target="_blank" rel="noopener"><img loading="lazy" decoding="async" class="alignnone wp-image-915389 size-large" src="https://dw-wp-production.imgix.net/2025/05/faca9f7e-ee7d-4d93-a05a-b8250f225e54-461x576.jpeg" alt="" width="461" height="576" srcset="https://dw-wp-production.imgix.net/2025/05/faca9f7e-ee7d-4d93-a05a-b8250f225e54-461x576.jpeg 461w, https://dw-wp-production.imgix.net/2025/05/faca9f7e-ee7d-4d93-a05a-b8250f225e54-240x300.jpeg 240w, https://dw-wp-production.imgix.net/2025/05/faca9f7e-ee7d-4d93-a05a-b8250f225e54-768x960.jpeg 768w, https://dw-wp-production.imgix.net/2025/05/faca9f7e-ee7d-4d93-a05a-b8250f225e54.jpeg 1230w" sizes="(max-width: 461px) 100vw, 461px" /></a>
Jeremy&#8217;s Razors shares common ownership with The Daily Wire.

patient examination chair

Major Corporations Are Still Funding Abortion With Your Money

Abortion

Jeremy's Razors

General Motors will cut back on production at a truck plant in Oshawa, Ontario, eliminating a shift this fall due to President Donald Trump&#8217;s auto import tariff.
GM said that an &#8220;evolving trade environment&#8221; and lower demand led to the decision to end the shift at the plant, which produces Chevrolet Silverados, The Detroit News <a href="https://www.detroitnews.com/story/business/autos/general-motors/2025/05/02/gm-cuts-shift-oshawa-plant-canada-tariffs/83407596007/" target="_blank" rel="noopener">reported</a> on Friday. The move will result in around 750 employees getting laid off, <a href="https://www.cbc.ca/news/canada/toronto/oshawa-general-motors-plant-cutting-jobs-union-says-1.7524665" target="_blank" rel="noopener">according</a> to the union representing affected workers.
&#8220;These changes will help support a sustainable manufacturing footprint as GM reorients the Oshawa plant to build more trucks in Canada for Canadian customers,&#8221; the Detroit-based automaker said in a statement.
Ontario Premier Doug Ford <a href="https://x.com/fordnation/status/1918274284260122701" target="_blank" rel="noopener">said</a> the news from GM is &#8220;extremely tough for the workers in Oshawa and their families.&#8221;
&#8220;These are hardworking people who have helped build Ontario’s auto industry,&#8221; Ford added. He then blamed Trump&#8217;s tariffs for causing &#8220;economic uncertainty and chaos.&#8221;
The Oshawa plant stopped producing new cars in 2019, but GM revitalized it just two years later and began making new trucks there.
&#8220;GM Oshawa was reopened thanks to the hard work of our members and significant investments by the federal and provincial governments based on a promise to maintain good jobs and production. We will not sit idly by as that promise is eroded one shift at a time,&#8221; said Chris Waugh, the chairman of Unifor, the Canadian general trade union.
Trump&#8217;s 25% tariff on auto imports has sent car manufacturers scrambling to move production to the United States or cut back on production costs. Last month, GM <a href="https://www.dailywire.com/news/gm-to-increase-truck-production-in-u-s-as-trumps-auto-tariff-goes-into-effect?row=0&amp;elementPosition=undefined&amp;rowType=Vertical+List&amp;author=Zach+Jewell&amp;title=GM+To+Increase+Truck+Production+In+U.S.+As+Trump%E2%80%99s+Auto+Tariff+Goes+Into+Effect&amp;category=News" target="_blank" rel="noopener">announced</a> to its staff that it would ramp up production of light-duty trucks at its assembly plant in Fort Wayne, Indiana. The increased production at the Fort Wayne plant promises to add more temporary jobs and increase overtime opportunities for employees.
Foreign car makers are also looking to boost manufacturing and investments in the United States. German automaker Mercedes-Benz announced on Thursday that it will <a href="https://www.dailywire.com/news/mercedes-says-it-will-make-another-car-in-the-u-s-after-trump-tariffs" target="_blank" rel="noopener">build</a> another car in the United States, adding a “core vehicle segment” to its factory in Tuscaloosa, Alabama, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-05-01/mercedes-will-move-output-of-key-model-to-us-to-counter-tariffs?srnd=homepage-americas" target="_blank" rel="noopener">reported</a>.
Trump has credited tariffs for bringing more manufacturing jobs back to the United States. After South Korean car manufacturer Hyundai announced a $21 billion investment in the United States over the next four years, Trump said that &#8220;tariffs very strongly work.&#8221;

GM Oshawa plant

General Motors To Cut Back On Manufacturing At Canada Plant Over Trump Tariff

Canada

General Motors

Trade War

German automaker Mercedes-Benz announced on Thursday that it will move production of one of its &#8220;core segment&#8221; vehicles to the United States, nearly a month after President Donald Trump&#8217;s 25% tariff on imported vehicles took effect.
Mercedes did not specify which vehicle it will begin producing in the United States, but said that a &#8220;core vehicle segment&#8221; would be manufactured at a factory in Tuscaloosa, Alabama, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-05-01/mercedes-will-move-output-of-key-model-to-us-to-counter-tariffs?srnd=homepage-americas" target="_blank" rel="noopener">reported</a>. The automotive company plans to shift vehicle assembly to the United States by 2027.
“We are getting even closer to the U.S. customer by localizing a core segment model in Tuscaloosa, strengthening our ties to the North American market where a range of Mercedes-Benz vehicles, including the GLE and GLS models, have their roots,” <a href="https://www.cnbc.com/2025/05/01/mercedes-benz-alabama-plant-trump-tariffs.html" target="_blank" rel="noopener">said</a> Mercedes-Benz North America CEO Jason Hoff.
The White House celebrated the announcement from Mercedes, saying in a statement, &#8220;Today, Mercedes-Benz announced it will move production of another vehicle to the U.S. — the latest result of President Donald J. Trump’s relentless pursuit of American manufacturing dominance.&#8221;
Mercedes added that the Alabama plant has become &#8220;the global export hub for Mercedes-Benz SUVs.&#8221; The Mercedes GLC sport utility vehicle has become increasingly popular in the United States, seeing a 58% increase in sales last year. Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-04-01/mercedes-weighs-pulling-us-entry-level-cars-over-trump-tariffs" target="_blank" rel="noopener">reported</a> last month that Mercedes was considering pulling its least expensive vehicles from the U.S. market due to tariffs.
Earlier this week, Trump struck a deal with the auto industry to provide some tariff relief in return for commitments to bring more manufacturing back to the United States. Under new tariff rules, auto manufacturers will continue to pay a 25% tariff on imported vehicles, but they will not be subject to any additional levies, such as those on steel and aluminum.
American auto CEOs thanked Trump for the tariff relief and pledged to continue seeking ways to increase domestic production. Other foreign auto companies have also said they will ramp up investments in the United States following Trump&#8217;s tariffs. Hyundai <a href="https://www.dailywire.com/news/tariffs-very-strongly-work-trump-announces-21-billion-hyundai-investment-in-u-s" target="_blank" rel="noopener">announced</a> a $21 billion investment in the United States over the next four years, starting with a steel plant in Louisiana that is expected to create nearly 1,500 jobs. BMW, another German automaker, is also looking to <a href="https://www.usatoday.com/story/money/business/2025/04/10/bmw-production-boost-us-plant/83034910007/#:~:text=German%20automaker%20BMW%20BWMG.DE,Research%20and%20confirmed%20by%20BMW.&amp;text=The%20investor%20call%20was%20held,relief%2C%20according%20to%20the%20note." target="_blank" rel="noopener">boost</a> manufacturing in the United States.

Mercedes-Benz

Mercedes Says It Will Make Another Car In The U.S. After Trump Tariffs

Alabama

Amazon denied on Tuesday that it was planning to show the cost that tariffs would add to the price of products on its website, pushing back on a <a href="https://www.dailywire.com/news/hostile-white-house-sounds-off-after-amazon-says-it-will-display-tariff-costs-for-consumers" target="_blank" rel="noopener">report</a> from Punchbowl News after White House Press Secretary Karoline Leavitt blasted the Seattle-based company.
Leavitt ripped Amazon for taking a &#8220;hostile and political&#8221; action, adding, “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?” After backlash from the White House, the company said that it &#8220;never&#8221; considered showing tariff costs on &#8220;the main Amazon site.&#8221;
An Amazon spokesman said on Tuesday morning that the plan was only discussed for the &#8220;ultra low cost Amazon Haul store,&#8221; which &#8220;considered the idea of listing import charges on certain products,&#8221; ABC News <a href="https://abcnews.go.com/Politics/live-updates/trump-admin-live-updates-border-czar-brief-securing/?id=121230740&amp;entryId=121277073" target="_blank" rel="noopener">reported</a>. The spokesman added, &#8220;Teams discuss ideas all the time. This was never a consideration for the main Amazon site and nothing has been implemented on any Amazon properties.&#8221;
Asked about the Punchbowl report during a press briefing on Tuesday morning, Leavitt said that she had just spoken to President Donald Trump about the issue. Leavitt also pointed to a 2021 Reuters <a href="https://www.reuters.com/world/china/amazon-partnered-with-china-propaganda-arm-win-beijings-favor-document-shows-2021-12-17/" target="_blank" rel="noopener">report</a> about the tech and e-commerce giant partnering with a Chinese propaganda arm and complying with some of communist China’s wishes for the website. More than 70% of Amazon&#8217;s products are sourced in China and subject to Trump’s 145% tariff on the country.
Amazon founder Jeff Bezos has not commented on the Punchbowl report. Bezos has cozied up to Trump since the 2024 election, joining Trump for dinner at Mar-a-Lago after the election and attending Trump&#8217;s inauguration after Amazon donated $1 million to the inaugural fund.

Amazon

Amazon Denies That It Considered Listing Tariff Costs On ‘Main’ Site After Trump Backlash

Jeff Bezos

Karoline Leavitt

Trump Administration

The White House confirmed on Tuesday that President Donald Trump will sign an order protecting the auto industry from tariffs &#8220;stacking&#8221; on top of each other in exchange for continued focus on domestic production.
Auto manufacturers will continue to pay a 25% tariff for imported vehicles, but Trump&#8217;s order will prevent any additional tariffs, such as the 25% tax on steel and aluminum, from affecting car companies, CNBC <a href="https://www.cnbc.com/2025/04/29/trump-auto-tariffs.html" target="_blank" rel="noopener">reported</a>. Trump&#8217;s order will be retroactive, allowing automakers to receive reimbursements for tariffs they have already paid, according to <a href="https://www.wsj.com/business/autos/trump-tariffs-autos-exceptions-fc634efd?mod=hp_lead_pos1" target="_blank" rel="noopener">The Wall Street Journal</a>.
Treasury Secretary Scott Bessent said during a White House press briefing on Tuesday that the president&#8217;s move shows a commitment to bringing car manufacturing back to the United States. “We want to give the automakers a path to do that quickly, efficiently, and create as many jobs as possible,” he said.
The change comes after automakers called on the Trump administration to provide some relief from the tariffs that have been stacking up on the car industry. Six lobbyists representing U.S. automotive groups joined forces last week to argue against implementing tariffs on foreign auto parts, a tax that is set to take effect on May 3.
The Wall Street Journal reported on Monday that the 25% tariff on foreign auto parts will also be modified, allowing car manufacturers to be reimbursed up to 3.75% of the value of the U.S.-made car in the first year. The reimbursement would drop to 2.5% of the car&#8217;s value in the second year and then be phased out.
In exchange for the tariff relief, car manufacturers reportedly committed to furthering domestic production, a key point for the Trump administration.
“President Trump is building an important partnership with both the domestic automakers and our great American workers,” said Commerce Secretary Howard Lutnick. “This deal will be a major victory for the president’s trade policy by rewarding companies who are already manufacturing domestically, while providing a runway to manufacturers who have expressed their commitment in investing in America and expanding domestic manufacturing.”
The Ford Motor Company thanked the president for the tariff relief, saying in a statement, “Ford welcomes and appreciates these decisions by President Trump, which will help mitigate the impact of tariffs on automakers, suppliers and consumers.”
&#8220;We will continue to work closely with the administration in support of the president’s vision for a healthy and growing auto industry in America,&#8221; Ford CEO Jim Farley added. &#8220;Ford sees policies that encourage exports and ensure affordable supply chains to promote more domestic growth as essential.&#8221;
Stellantis Chair John Elkann added, “Stellantis appreciates the tariff relief measures decided by President Trump. While we further assess the impact of the tariff policies on our North American operations, we look forward to our continued collaboration with the U.S. Administration to strengthen a competitive American auto industry and stimulate exports.”
General Motors CEO Mary Barra also expressed her gratitude for the &#8220;productive conversations with the President and his Administration.&#8221;

Ford assembly line

‘A Major Victory:’ Trump Makes Deal With Auto Industry For Tariff Relief

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