Automakers get slight relief from tariffs

Automakers get slight relief from tariffs

President Trump is offering automakers some relief on his 25% tariffs. He signed an executive order that gives carmakers a 3.75% rebate in the first year, and a 2.5% rebate for the second year, based on the vehicle's purchase price. It's meant to help companies that use foreign-made parts to assemble their cars in the U.S. Brian Moody, an editor and analyst at Cox Automotive, joined us on 'The Nine' to discuss what this means for both automakers and consumers.

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