President Trump Announces 25 Percent Tariff on Import Cars and Import Car Parts, Effective April 3rd and May 3rd Respectively

During an executive order signing session in the White House today, President Trump announced a major change in tariffs on the auto industry.  [Full Executive Order Here] The 25% import duty applies on top of any preexisting tariff for cars and light trucks.  The 25% tariff also applies to imported car parts.  The USMCA trade […]

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