On Wednesday, local time, President Trump made an official announcement at the White House, stating that a 25% tariff would be imposed on all cars imported into the United States that are not manufactured domestically. Trump explained that this measure is aimed at bringing more manufacturing jobs back to the United States and setting the stage for broader tariff policies he plans to unveil next week. He stressed that this step, which will encompass all cars not made in the United States, is "very moderate." A spokesperson from the White House further clarified that the tariffs will also extend to imported passenger vehicles, light trucks, and crucial automotive components.
