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Trump Rolls Out Tariffs On Imported Cars

President Donald Trump announced on Wednesday that he would implement 25% tariffs on imported cars on April 2nd.

This tariff affects both finished cars and trucks that enter the US, including those of American brands assembled overseas. Under the authorities granted by Section 232 of the Trade Expansion Act of 1962, President Trump was Impressive 25% tariffs on imported goods such as passenger cars, such as sedans, SUVs, crossovers, light trucks, and important auto parts such as engines, transmissions, electrical parts. This measure is intended to coordinate imports for national security.

“If parts are made in America and cars are not made, those parts are not taxed or tariffed, and we have a very strong police force,” Trump said. I said. “It’s one number, and that number is used to significantly reduce US debt and build things up.”

Trump said he plans to significantly raise tariffs on cars imported into the US, noting that these cars could be easily produced in the US instead. (Related: Eurocrats launches retaliatory tariffs on billions of US goods)

“On April 2nd, we will significantly increase the tariffs on cars coming to the US, which will permanently close Canadian car manufacturing. These cars can be easily made in the US!” Trump I wrote it.

1985, US-owned plants production The majority of vehicles are domestically. By 2024, the landscape had changed dramatically, with Americans purchasing around 16 million vehicles. It’s assembled The vehicle was manufactured by an American company. This means that only 25% of the content of vehicles purchased in the US were actually “made in the US.”

country Face Last year, it was a massive trade deficit in auto parts, reaching $93.5 billion. this shape Imports imported into various categories, including cars, parts and engines, are part of a major trend that saw an increase of $16.1 billion.

Automotive Industry I’ll continue Approximately one million Americans work across the sector to become a large employer in the United States. Automotive parts manufacturing employs approximately 553,300 individuals. But this sector is experiencing it declinehas lost approximately 286,000 jobs since 2000. This represents a 34% decline in employment in automotive parts manufacturing over the past decades.

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