Trump imposes 25% tariffs on all non-US-made cars
Tariff plans come into effect on April 2, which could cause price surges President Trump has announced a 25% tariff on all vehicles not built in the United States. This could raise $100 billion, and these expenses could pass to consumers. Trump also announced plans to exempt car interest payment taxes. President Trump is escalating his trade war, and millions can pay the price as he announces 25% tariffs on all vehicles not set by the United States. This marks a significant upgrade of it, as it seems to be suitable not only for Canada and Mexico, but also for the world. Trump said in his speech today that the move will stimulate growth and bring back automotive jobs that have been sent to other countries. He also said consumers have the option to buy their favorite gasoline, electric, hybrid vehicle or any other type of vehicle. More: Hyundai Motor invests $21 billion in the United States to avoid Trump's…
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