Donald Trump announces an additional 25% tax on imported vehicles

The US president plans to apply these new customs duties on car imports from overseas from April 2nd. The news has provoked a reaction from many exporting countries, including the EU, but also from the American manufacturers themselves, who are relocating.

 

Donald Trump has once again dug up the hatchet in the tariff war.

 

On March 26, he announced the introduction of 25% additional tariffs on “all cars not made in the United States”, starting on April 2.

 

The rate applied until now being 2.5%, imported cars will therefore now be taxed at 27.5%.

 

For the American President, it is a question of “making the countries that do business in our country and take our wealth pay” …

 

Donald Trump uncompromising

 

Eager to respond to Donald Trump’s threats to impose 25% taxes on imported steel and aluminum, the EU had, however, recently decided to postpone for two weeks, until mid-April, the implementation of taxes on a list of American products, reserving the time to negotiate with the Uncle Sam administration. But Donald Trump is clearly not to be appeased.

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Read also > Tariffs: why has the EU postponed the entry into force of taxes on American products?

 

Featured photo: © Getty Images/Unsplash+

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Sophie Michentef
Sophie Michentef has worked for more than 30 years in the professional press. For fifteen years, she managed the French and international editorial staff of the Journal du Textile. She now puts her press, textile, fashion, and luxury expertise at the service of newspapers, professional organizations, and companies.
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