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President Trump Implements 25% Tariffs on Imported Autos and Components

The ongoing trade war led by US President Donald Trump has taken another turn as he imposes 25 percent tariffs on imported cars and car parts, set to begin in April and May respectively. This significant action is expected to have a lasting impact on the manufacturing industries in Canada and Mexico, potentially leading to their devastation, while consumers can anticipate higher prices due to the increased import costs. We dive deeper into this issue.

Source: https://www.france24.com/en/tv-shows/business/20250327-trump-announces-25-tariffs-on-foreign-autos-car-parts

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