27 March 2025
Trump Announces 25% Tariffs On Foreign-Made Vehicles
President Trump announced a 25% tariff on foreign-made cars and light trucks, set to take effect on April 2. Targeting imports from countries like Japan, South Korea, Canada, and Mexico, the move aims to boost US automotive industry. Wall Street responded negatively, with automaker stocks sliding. Trump calls it “Liberation Day” for the economy, while trade partners seek balanced negotiations.READ FULL