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President made announcement days before he is expected to unveil reciprocal tariffs on other imported goodsDonald Trump announced plans to impose sweeping 25% tariffs on cars from overseas on Wednesday, days before the president is expected to announce wide-ranging levies on other goods from around the world.“What we’re going to be doing is a 25% tariff for all cars that are not made in the United States,” Trump said in the Oval Office. “We start off with a 2.5% base, which is what we’re at, and go to 25%.” Continue reading…



Source link : https://www.theguardian.com/us-news/2025/mar/26/trump-new-car-tariffs

Author : Dominic Rushe and Callum Jones in New York

Publish date : 2025-03-26 21:33:00

Copyright for syndicated content belongs to the linked Source.

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