Trump Announces 25% Tariff on Cars Not Made in the US
Trade,Tariffs,Auto Industry,World,Donald Trump,Trade War,Economy And Jobs
From the Center
AllSides Media Bias Rating: Center
Donald Trump said a 25% tariff on all auto imports will take effect April 2. Shares of US automakers fell on the news. Earlier, during regular trading, stocks slid after three days of gains, with concerns about the economic impact of an escalating trade war weighing on investors’ risk appetites. The tech selloff has been so steep it’s even made Amazon shares look like a bargain.
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