Trump places 25% tariff on imported autos. Carmakers could face higher costs and lower sales
WASHINGTON (AP) — President Donald Trump said he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “This will continue to spur growth,” Trump told reporters Wednesday. “We’ll effectively be charging a 25% tariff.” The […]
MARCH 28, 2025











