On April 2, local time, US President Trump announced a 25% tariff on imported cars. Trump said that the 25% tariff on cars will take effect on April 3.
Earlier, Trump said on March 26 that the auto tariffs would be permanent. He said that if cars are made in the United States, there is no need to pay tariffs.
Trump said that the auto tariffs will be permanent. He said that if cars are made in the United States, there is no need to pay tariffs.
Trump said that Tesla’s CEO Elon Musk has not made any suggestions on auto tariffs or asked for any benefits from them.
Trump also said that the United States will impose tariffs on wood and drugs on the same day.
Canadian Prime Minister:
On the same day, Canadian Prime Minister Carney said that Canada will soon respond to the new auto tariffs imposed by the United States and may impose retaliatory tariffs. Carney said that he was sure that he would speak to Trump soon.
Carney said that the auto tariffs announced by Trump were a direct attack on Canadian workers.