Trump considers 25% tariff on imported cars
Donald Trump considers 25% tariff on imported cars
Donald Trump is considering imposing tariffs of about 25 per cent on imports of cars, drugs and chips into the US as he teased the next steps of a rapidly escalating trade war. The US president said on Tuesday that he was weighing tariffs “in the neighbourhood” of 25 per cent on automotive imports and at least that level on pharmaceutical products and semiconductors.
Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.
President Donald Trump said on Tuesday that he plans to impose tariffs of around 25% on auto imports as well as semiconductors and pharmaceuticals shipped to the United States as early as April 2.
As a tax on imported goods, tariffs imposed by the U.S. may be intended to place a burden on other countries. But all too ...
The White House published three separate Executive Orders that imposed blanket tariffs on Canadian, Mexican and Chinese ...
5don MSN
Over $600 billion in European goods were imported by the U.S. last year. New tariffs from President Trump will likely hit ...
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
Tequila manufacturers in Mexico are anxiously waiting on a resolution to President Donald Trump's threat of a 25% tariff on ...
Sellers and shoppers on the two sites say they saw items disappear and prices go up after President Donald Trump implemented ...
Acer's CEO also warns that some companies might use Trump's tariffs on China as an excuse to raise product prices beyond 10%.
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