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Global Outcry as US Heaps Tariffs on Autos, Parts
The New Indian Express Sambalpur
|March 28, 2025
Trump threatens Canada, EU could face larger tariff if they hurt US
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WORLD powers on Thursday lambasted US President Donald Trump's steep tariffs on imported vehicles and parts, vowing retaliation as a widening trade war intensifies.
Major car exporter Germany urged a firm response from the European Union, while Japan said it "will consider all options."
The 25% US duties take effect April 3 and will impact foreign-made cars, light trucks and vehicle parts.
Global stock markets plummeted with automakers Toyota, Hyundai and Mercedes leading the plunge. In New York, shares in General Motors tumbled with Ford and Stellantis also declining.
Cette histoire est tirée de l'édition March 28, 2025 de The New Indian Express Sambalpur.
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