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Trump Shocks Markets: Slaps 25% Tariff on All Foreign Cars – Musk Not Involved
U.S. President Donald Trump has announced a sweeping 25% tariff on all foreign-made vehicles, starting April 2. The new policy aims to protect the domestic auto industry. Cars made in the U.S. will be exempt, but foreign-made components will face strict scrutiny.
U.S. President Donald Trump has announced a sweeping 25% tariff on all foreign-made vehicles, starting April 2. The new policy aims to protect the domestic auto industry. Cars made in the U.S. will be exempt, but foreign-made components will face strict scrutiny.
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