• 30/03/2025 05:33

Trump voted to introduce a 25% tax on foreign-made cars

ByNatalia

Mar 26, 2025

Trump voted to introduce a 25% tax on foreign-made cars

US President Donald Trump said on Wednesday that he would ship 25-hundred-hundred-pound vehicles in vehicles that are imported to the United States.

Ukrinform reported this to CBS News.

Trump said his administration is pursuing aggressive trade moves to support domestic producers.

Wall Street reacted to this project instantly. After White House spokeswoman Caroline Levitt anticipated Trump's announcement on tariffs, the S&P 500 index fell 1.2% in evening trading.

According to experts, tariffs will largely be transferred to American investors, who will become one of the officials responsible for increasing economic growth.

As reported by Ukrinform, Trump threatened 25% of mitigation to countries that would buy nafta or gas from Venezuela.

Photo: PAP/EPA

www.ukrinform.ua

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