Trump's New Tariffs Set to Begin as Public Skepticism Grows

The administration claims the tariffs will boost U.S. manufacturing and generate revenue, but economists and polls warn of higher prices and economic risks.

President Trump has announced a 25% tariff on automotive imports, set to take effect on April 3, as part of a broader tariff strategy starting April 2, 2025.
White House trade adviser Peter Navarro defended the tariffs, claiming foreign producers will absorb the costs to maintain access to the U.S. market, avoiding inflation impacts on consumers.
Navarro described the tariffs as 'tax cuts,' arguing they will generate significant revenue to fund tax benefits for buyers of American-made cars.
Polling shows 69% of Americans believe the tariffs will increase prices, and 53% think they will harm the U.S. economy, reflecting widespread public concern.
Economists warn that the tariffs could lead to higher consumer costs, economic disruption, and retaliatory measures from key trade partners like the EU and China.