** Shares of U.S. carmakers rise before the bell as President Donald Trump says he will reduce impact of auto tariffs
** General Motors GM.N up 1.3%, Ford Motors F.N gains 1.1%
** Officials said they would reduce impact of duties imposed on foreign parts in domestically manufactured cars and keep tariffs on cars made abroad from stacking up on other duties
** The move is expected to be made official on Tuesday
** YTD, as of last close, F gains 2.8%, GM falls 11.3% vs S&P 500 index's .SPX 8.9% decline
(Reporting by Twesha Dikshit)
((Twesha.Dikshit@thomsonreuters.com))
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