Washington: From champagne to steel and now cars: it is getting harder to keep up with US President Donald Trump’s growing tariff target list and the retaliatory measures by trade partners. Here is a rundown of what has been implemented, threatened and coming next in an escalating trade war: Car Clash Trump announced Wednesday that … Read more
US President Donald Trump’s announcement of a 25 per cent tariff on imported automobiles and auto parts – and the 25 per cent levy on steel and aluminium imports announced two weeks ago – mark a significant escalation in a global trade war brewing since he took oath in January. The auto tariffs will come … Read more
Palm Beach, United States: President Donald Trump said Tuesday that US tariffs on imported cars would be around 25 percent, providing new information on duties he is expected to unveil around April 2. “It’ll be in the neighborhood of 25 percent,” Trump told reporters in Mar-a-Lago, while noting that the specifics would come in April. … Read more