US President Donald Trump to implement auto tariff around 2 April – Times of India

US President Donald Trump on Friday announced his intention to implement tariffs on imported vehicles around 2 April, adding a series of duties since he took over.
Trump has targeted both friends and enemies with potential new duties since his inauguration on 20 January.
He has used tariffs as a tool to generate income, address trade inequalities and force nations to respond to American concerns.
When asked about the time of auto tariff, Trump replied, “Maybe around 2 April.”
Without providing additional information on Friday, the allegations of the motor vehicle sector will follow the recent confirmation of tariffs on all steel and aluminum imports starting from March 12.
Previously, they have indicated plans for tariffs on semiconductor, steel, oil and gas areas.
In addition to industry-specific measures, Trump announced and suspended wide tariffs on major trading colleagues Canada and Mexico, while Chinese goods have been levied an additional 10 percent additional fee, indicating retaliation from Beijing.
On Thursday, expansion trade dispute In addition, Trump introduced plans for “mutual tariffs”, affecting all American business partners personally.
Economic experts take precautions that to secure concessions on various issues as a tool as an application of Trump’s tariff, which includes trading, immigration and drug trafficking, can change fundamentally Global trade practices,