investcorpus.in > Latest News > Business News > Personal Finance > Trump hits auto imports with 25% tariff starting next week
Trump hits auto imports with 25% tariff starting next week
The president said the tariffs would go into effect on April 2 and that the US would start to collect them a day later
The White House said the tariff would apply not only to fully assembled cars but key automobile parts, including engines, transmissions, powertrain parts and electrical components
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