Trump slaps 25% tariff on all non-US cars in huge blow to auto industry

DONALD Trump has slapped a whopping 25 per cent tariff on all foreign-built cars in a huge blow to global car manufacturers.

The US President has said the car tariff, which will go into effect on April 2, will lead to a "tremendous growth in the auto industry".

The US is one the biggest motor markets for many global car giants - including Japanese automakers Toyota, Honda, Nissan, Mazda and Subaru - who will now be hit hard.

This also includes the UK, which exported £6.4 billion worth of cars to the US in 2023 - accounting for 18.4 per cent of all the UK's car exports.

Making the announcement, Trunpo said from inside the Oval Office: "This is the beginning of Liberation Day in America.

"If you build your car in the United States, there will be no tariff."

Read more:
https://www.the-sun.com/news/13878254/trump-tariffs-cars-imported-us/

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Дата на публикация: 27 март, 2025
Категория: Друго