April 26, 2025
Sydney 29

Donald Trump signs order for 25% automobile tariff; markets react, allies weigh countermeasures

US president Donald Trump signed an executive order on Wednesday, implementing a 25% tariff on all foreign-manufactured automotive vehicles. The tariff will be effective from April 2.“We are going to be very fair… we are going to be nice actually. We have not been treated nicely by other countries, but we are going to be […]