President Donald Trump signed a 25% tariff on new autos and light trucks, including certain parts, built outside the United States that will go into effect Tuesday in an effort to spur domestic manufacturing.
The auto tariffs are part of a broader reshaping of global relations by Trump, who plans to impose what he calls “reciprocal” taxes on April 2 against other nations.
The US will impose tariffs on foreign-made cars starting on April 2, US President Donald Trump said. One institute has said the tariffs could raise the price of a car in the US by thousands of dollars.
US President Donald Trump will announce tariffs on auto imports to the country Wednesday, the White House said in a move set to fuel tensions with trading
President Trump announces tariffs on auto imports at a news conference. The move aims to foster domestic manufacturing but could impact global supply chains.
WASHINGTON (AP) — President Donald Trump on Wednesday will announce tariffs on auto imports, a move that the White Houses claims would foster domestic manufacturing that could also put a financial squeeze on automakers that depend on global supply chains.
By Elisabeth Buchwald, Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — President Donald Trump is set to announce at 4 pm ET Wednesday tariffs on cars shipped to the United States, White House press secretary Karoline Leavitt told reporters.
President Donald Trump announced new auto tariffs during a White House press conference on Wednesday to boost domestic auto manufacturing and bring in tax revenue from tariffs.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Trump to announce new auto tariffs Wednesday | Since Then
