Trump Proposes 25% Tariffs on Auto Imports to Address Trade Imbalances

The U.S. President plans to announce details in April, targeting imported vehicles and other goods as part of a broader protectionist trade strategy.

President Donald Trump has outlined plans for a 25% tariff on imported cars, with specifics to be revealed on April 2.
The proposed tariffs are part of a strategy to impose reciprocal trade measures where U.S. tariffs are lower than those of its trading partners.
The European Union, particularly Germany, faces significant economic impact due to its reliance on auto exports to the U.S.
Tariffs on pharmaceuticals and semiconductor imports are also being considered, with potential increases beyond 25% over the next year.
Experts warn that these measures could escalate global trade tensions and contribute to rising inflation.