Trump presses ahead with 25% tariffs on imported cars, ratcheting up trade war

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US President Donald Trump on March 26, 2025, unveiled a 25 per cent tariff on imported cars and light trucks effective April 3. The announcement was expected to widen the global trade war Trump kicked off when he returned to the White House in January. Auto industry experts predicted it would drive up prices and stymie production. Countries affected by the tariffs have criticised the tariffs. Canadian Prime Minister Mark Carney labelled it a “direct attack” on Canadian workers.

 

March 27, 2025