3 weeks ago
Last Updated:March 27, 2025, 06:56 IST
Trump on Wednesday announced a 25% tariff on imported cars and promised no tariffs if made in America.
US President Donald Trump. (Reuters file)
US President Donald Trump on Wednesday announced a 25% tariff on auto imports, in a move set to raise tensions with the trading allies.
The tariff is set to come into effect starting April 2, as announced earlier — a date that he has dubbed as “Liberation Day" for the US. The latest move is likely to impact foreign-made cars and light trucks, besides existing tariffs on such goods.
“What we’re going to be doing is a 25 percent tariff on all cars that are not made in the United States. If they’re made in the United States, it is absolutely no tariff," Trump said at the White House.
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Location :Washington D.C., United States of America (USA)
First Published:March 27, 2025, 06:49 IST
News world Trump Slaps 25% Tariff On Imported Cars, Promises Zero Tariffs For US Manufacturing
