March 27, 2025 10:22 PM
US announces 25 % tariff on imported automobiles & parts
President Donald Trump announced a 25 percent tariff on imported automobiles and parts. It will take effect from April 2, the same day the U.S. launches its new reciprocal tariff system. The tariff will apply to all cars and trucks assembled outside the U.S. and shipped in, affecting about half of...