President Donald Trump has made another bold move by signing an executive order imposing a 25 per cent tariff on all vehicles made outside of the U.S., set to take effect on April 2. This announcement is part of Trump’s ongoing efforts to impose tariffs on various countries, with auto-specific duties being a key focus in recent weeks.
Trump emphasized the importance of bringing manufacturing jobs back to the U.S., stating, “This is the beginning of Liberation Day in America.” He believes that by imposing tariffs on foreign-made cars and light trucks, it will encourage companies to keep their plants within the country rather than moving them to Mexico, Canada, or other locations.
The new executive order adds to the existing tariffs already in place on foreign-made vehicles, showing Trump’s commitment to reshaping the auto sector in the U.S. This move is likely to have significant implications for the global auto industry and could lead to further tensions with trading partners.
For more information on this development, you can visit the Global News website. President Trump’s decision to announce tariffs on auto imports is a stark reminder of his protectionist agenda and desire to prioritize American manufacturing.
Watch the video by Global News
Video “Trump to announce tariffs on auto imports | LIVE” was uploaded on 03/26/2025 to Youtube Channel Global News