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Trump announces 25% tariffs on car imports to US

March 26, 2025
in Business
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Trump announces 25% tariffs on car imports to US
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Donald Trump has announced new trade taxes of 25% on cars being imported to the US.

The US President said the latest tariffs would come into effect on 2 April, with collections starting the next day.

Trump said the measure would lead to “tremendous growth” for the car industry, promising it would spur jobs and investment in the US.

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Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

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