On March 26, U.S. President Donald Trump signed a proclamation at the White House announcing a 25% tariff on imported automobiles, effective April 3.
On March 26, U.S. President Donald Trump signed an executive order at the White House, announcing a 25% tariff on all imported cars. The measure will take effect on April 2.
Former U.S. President Donald Trump recently announced plans to impose tariffs on imported cars beginning April 2. Given the major sources of U.S. auto imports, this decision is expected to affect automakers from Japan, South Korea, and Germany.