President Donald Trump signed executive orders Tuesday that will roll back a portion of his own 25% tariffs on imported autos and auto parts, a significant shift in trade policy that aims to relieve pressure on U.S. automakers while encouraging them to ramp up domestic manufacturing. Speaking to reporters, Trump …
Read More »Trump Imposes 25% Auto Tariff, Raising Prices for U.S. Car Buyers
President Donald Trump announced Wednesday that the U.S. will impose a 25% tariff on all imported cars and auto parts, a move expected to drive up new car prices and disrupt the auto industry. The White House later clarified that foreign-made auto components—even those used in cars assembled in the …
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