Trump's 25% Tariff on Automobiles Forecasted to Slash Sales by Millions and Incur $100 Billion in Losses
2025-04-13 / Read about 0 minute
Author:小编   

Despite certain adjustments made by US President Trump to other tariffs, the 25% tariff on imported automobiles remains firmly in place. Experts anticipate that this measure will deal a significant blow to the global automotive industry, resulting in a decline of millions of vehicle sales, an increase in both new and used car prices, and an industry-wide cost surge exceeding $100 billion.