Trade Alert: Trump Announces 25% Tariff on Autos and Auto Parts
On March 26, 2025, President Trump announced additional tariffs of 25% on imports of automobiles and automobile parts to address the threat to national security from the “imports of automobiles and certain automobile parts.” The 25% tariff is in addition to any other duties, fees, exactions, and charges on the imported goods. Tariffs on automobiles will…
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