U.S. President Donald Trump has announced a 25% tariff on imported cars, aiming to revive U.S. auto manufacturing and add jobs, despite uncertainty over its cross-border impact.
U.S. President Donald Trump has announced new trade tariffs of 25% on cars imported into the United States.
The latest tariffs will take effect on April 2, with collections beginning the following day. These levies will be applied in addition to existing duties on imported goods.
Cars manufactured within the United States will not be subject to the new tariffs.
Trump claimed the measure would result in “tremendous growth” for the auto industry, saying it would boost jobs and attract investment.
Many American car companies operate in Mexico and Canada under the terms of a longstanding free trade agreement among the three countries. It remains unclear how the tariffs will affect cross-border shipments of car parts to manufacturing plants.
Since returning to office in January, Trump has introduced new tariffs on imports from key U.S. trading partners, including Canada, Mexico, and China—along with a 25% duty on steel and aluminum.
The U.S. military carried out large-scale strikes on dozens of Islamic State targets in Syria on Friday in response to an attack last week that killed...
Iran’s renewed call for international burden sharing in hosting Afghan refugees has revived a familiar narrative - that refugees are an economic str...
Ukrainian President Volodymyr Zelenskyy arrived in Poland on Thursday following a summit of the European Council in Brussels....
The release of a new collection of documents by the U.S. Department of Justice has reopened long-running questions about how the Jeffrey Epstein case ...
The United States is not concerned about a potential escalation with Russia over Venezuela, Secretary of State Marco Rubio has said, as President Dona...
Ukrainian President Volodymyr Zelenskyy arrived in Poland on Thursday following a summit of the European Council in Brussels.
US intelligence assessments indicate that Russian President Vladimir Putin continues to seek full control of Ukraine and to expand Russia’s influence in parts of Europe formerly under Soviet rule, contradicting repeated claims that Moscow poses no threat to the continent.
UN Secretary-General Antonio Guterres has issued a stark warning over the humanitarian situation in the Gaza Strip.
Uzbek President Shavkat Mirziyoyev’s official visit to Tokyo represents more than a strengthening of bilateral relations; it is a strategic step that broadens the economic and diplomatic horizons of the region.
Ukraine has welcomed the European Union’s decision to provide €90 billion in support over the next two years, calling it a vital lifeline even as the bloc failed to reach agreement on using frozen Russian assets to finance the aid.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
Chinese Foreign Minister Wang Yi has held a phone conversation with his Venezuelan counterpart Yvan Gil at the latter’s request.
Belarusian President Alexander Lukashenko has confirmed that Russian-made Oreshnik missile systems have been deployed on Belarusian territory and placed on combat alert.
The European Union has postponed signing its long-awaited free trade agreement with the Mercosur bloc until January, after failing to secure sufficient backing from member states, according to media reports.
The release of a new collection of documents by the U.S. Department of Justice has reopened long-running questions about how the Jeffrey Epstein case has been handled, what has been made public, and what remains undisclosed.
The United States is not concerned about a potential escalation with Russia over Venezuela, Secretary of State Marco Rubio has said, as President Donald Trump increases US military deployments in the Caribbean.
The U.S. military carried out large-scale strikes on dozens of Islamic State targets in Syria on Friday in response to an attack last week that killed American personnel, U.S. officials said.
US intelligence assessments indicate that Russian President Vladimir Putin continues to seek full control of Ukraine and to expand Russia’s influence in parts of Europe formerly under Soviet rule, contradicting repeated claims that Moscow poses no threat to the continent.
UN Secretary-General Antonio Guterres has issued a stark warning over the humanitarian situation in the Gaza Strip.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment