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Trump’s auto tariffs, threats on allies intensify trade war

Tariffs could target US car and light truck imports, valued last year at over $240B

Bloomberg NewsbyBloomberg News
March 26, 2025
in Risk Management
Reading Time: 5 mins read
0

President Donald Trump signed a proclamation to implement a 25% tariff on auto imports and pledged harsher punishment on the EU and Canada if they join forces against the US, expanding a trade war and triggering threats of retaliation. “What we’re going to be doing is a 25% tariff on all cars that are not made in […]

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