Trump announces tariffs on foreign-made cars amid new trade push

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Donald Trump has just made a major announcement that could shake the global automotive industry. In a televised speech, Trump revealed that his administration imposed a 25% tariff on all cars not made in the United States. Trump said the current base rate starts with the current base rate of 2.5%, which is a pressure to restore U.S. manufacturing and put pressure on foreign automakers to build their vehicles on U.S. soil. “It’s very modest. “What we’re going to do is a 25% tariff on all cars not made in the U.S..” If they are made in the United States, it is definitely not a tariff. Trump said the policy was already in effect. He added: “Business is back in the U.S. so they don’t have to pay tariffs.” “Trump also spent a little time criticizing the media's coverage of policy promotion and saying the media did not report “accurately” and called the decision a “massive story.” The new expropriation will apply to all imported tools, regardless of their country of origin, unless it is made within the U.S. analysts, the move could be strategic in the global supply chain, and the strategy in the global supply chain, and the strategy in the global supply chain, and the strategy in the range of various strategies has been diverted and extended to the existing tools, which can be traded in time on the ready-made tools. As the story develops. It's like loading… Discover more information from Baller Alertsubscribe to send the latest posts to your email.

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