Trump Commerce Sec. Lutnick says U.S. auto CEOs are 'cool with' higher tariffs than Japan
1. Trump's new trade deal lowers tariffs on Japanese car imports to 15%. 2. U.S. automakers face a 25% levy on cars from Canada and Mexico. 3. Shares of Japanese automakers surged, while U.S. companies expressed concern. 4. Lutnick claims American CEOs support the trade deal despite criticism. 5. Tariffs are projected to cost GM and Stellantis billions this year.