Trump imposes 25% tariffs on foreign-made cars and 10% on all imports
Donald Trump (Photo: Jim Lo Scalzo/EPA)
On Wednesday, April 2, President of the United States, Donald Trump, declared the implementation of new tariffs on imported goods, as reported by CNN.
The US leader indicated that a 25% tariff would be applied to all foreign automobiles starting at midnight Eastern Time. Trump expressed his intention to rectify a “significant imbalance” that has impacted the nation’s “industrial foundation” and posed a threat to national security.
Further details are being provided…