Donald Trump announces new 25% tariffs on cars from overseas

President made announcement days before he is expected to unveil reciprocal tariffs on other imported goodsDonald Trump announced plans to impose sweeping 25% tariffs on cars from overseas on Wednesday, days before the president is expected to announce wide-ranging levies on other goods from around the world.“What we’re going to be doing is a 25% tariff for all cars that are not made in the United States,” Trump said in the Oval Office. “We start off with a 2.5% base, which is what we’re at, and go to 25%.” Continue reading…https://www.theguardian.com/us-news/2025/mar/26/trump-new-car-tariffs

more insights

Marius Grobler is an authorised representative and Key Individual of Trive South Africa (Pty) Ltd FSP 27231. 
The content on this webiste should not be considered as advice.
© Marius Grobler 2025. All rights reserved. Powered by Social Revolution