"The assault on the American auto industry is over," Trump said, standing in front of a banner that read "Buy American-Hire American." Automakers lined up examples of vehicles they build in the United States for President Trump to see. Auto industry executives have said they are hopeful the Trump administration will pursue tax and regulatory policies that would benefit US manufacturers. Automakers, through their lobbying groups, have said the Obama rules were too expensive and could cost American jobs. 'Thoughtful and Coordinated'Automotive industry executives and lobbying groups were quick to praise the administration's announcement.

Source: Egypt Independent March 15, 2017 21:33 UTC