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Trump Places 25 Percent Tariff on Imported Automobiles

The Statesman

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March 28, 2025

The tax hike starting on 3 April means automakers could face higher costs and lower sales

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Trump Places 25 Percent Tariff on Imported Automobiles

President Donald Trump said Wednesday he was placing 25 percent tariffs on automobile imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.

"This will continue to spur growth," Trump told reporters. "We'll effectively be charging a 25 percent tariff."

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यह कहानी The Statesman के March 28, 2025 संस्करण से ली गई है।

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