U.S. automakers are set to get a break on some of the sweeping tariffs President Donald Trump is imposing. Yet even with the new waivers, the outlook for America's longest-lived carmakers remains cloudy, with General Motors saying Tuesday it was "reassessing" its earnings guidance in light of the uncertainty over the tariffs impact.

The White House has announced measures to ease the effect of tariffs on imported cars imposed by the Trump Administration

Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide.

WARREN, Mich. (AP) — President Donald Trump is holding a rally in Michigan on Tuesday to mark the first 100 days of his second term, staging his largest public event since returning to the White House in a state that has been especially rocked by his steep trade tariffs and combative attitude toward Canada.

Trump touted his record on tariffs, DOGE and immigration at a Michigan rally aimed at promoting his first 100 days in office.

Achievements in Michigan Amid Concerns About Economy By Jeff Mason and Gram Slattery WARREN, Michigan (Reuters) -President Donald Trump arrived in Michigan on Tuesday to kick off a pair of events commemorating his first 100 days in office,