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Trump announces 25% import tariffs for all non-US cars
New levy to come into effect on 2 April; will create "tremendous growth" for US, said president New tariffs of 25% will be imposed on all cars imported into North America, US President Donald Trump has announced. These new rules will come into effect from 2 April. Trump claimed "tremendous growth" for the US’s auto industry as a result of the tariffs. He also promised it would create more investment for US car makers and therefore more jobs. Speaking at the Oval Office, Trump said: “What we’re going to be doing is a 25% tariff for all cars that are not made in the United States.” He added: "This is permanent. But if you build your car in the United States there is no tariff." This is a breaking news story, more to follow
New levy to come into effect on 2 April; will create "tremendous growth" for US, said president
New tariffs of 25% will be imposed on all cars imported into North America, US President Donald Trump has announced.
These new rules will come into effect from 2 April. Trump claimed "tremendous growth" for the US’s auto industry as a result of the tariffs. He also promised it would create more investment for US car makers and therefore more jobs.
Speaking at the Oval Office, Trump said: “What we’re going to be doing is a 25% tariff for all cars that are not made in the United States.”
He added: "This is permanent. But if you build your car in the United States there is no tariff."
This is a breaking news story, more to follow
