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.
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Fred Ramsdell of Sonoma Biotherapeutics was hiking and "off grid" and so could not be reached by the Nobel Committee to let him know he had won the Prize in the Physiology or Medicine category.
Euro zone finance ministers are set to meet on Thursday to explore ways to boost the development of euro-denominated stablecoins, amid concerns that the fast-growing market could remain dominated by the United States, a senior euro zone official said.
The Taliban have once again reiterated their stance on the Bagram air base, stating that no one will be allowed to take control of it.
Four migrants died after their boat sank off the Greek island of Lesbos, Greece's coastguard said on Tuesday after launching a search-and-rescue operation in the area.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
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Fred Ramsdell of Sonoma Biotherapeutics was hiking and "off grid" and so could not be reached by the Nobel Committee to let him know he had won the Prize in the Physiology or Medicine category.
The Taliban have once again reiterated their stance on the Bagram air base, stating that no one will be allowed to take control of it.
Four migrants died after their boat sank off the Greek island of Lesbos, Greece's coastguard said on Tuesday after launching a search-and-rescue operation in the area.
The Vatican has announced that Pope Leo XIV will visit Türkiye and Lebanon from November 27 to December 2, his first trip abroad since assuming the papacy.
French President Emmanuel Macron faced growing pressure on Tuesday to resign or hold a snap parliamentary election to end political chaos that has forced the resignation of five prime ministers in less than two years.
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