Overview

• 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.