Blunt said in an interview the U.S. companies and workers “definitely are at a disadvantage” because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with ...

U.S. President Donald Trump has announced a sweeping trade agreement with Japan, heralded as one of the largest trade deals in history.

The preliminary agreement suggests there is a path forward to lowering the auto duties on other major trading partners, as well.