The US imposes a 25% duty on car imports: EU prepares for tough response

Photo: Getty images The US automotive industry and its competitors in Europe and Asia are in a state of shock after US President Donald Trump’s decision to impose a 25% duty on all vehicles and parts made abroad. The European Union has already stated that it is ready to respond to this step with appropriate […]

Trump imposes 25% duty on all imported cars

US President Donald Trump has announced the introduction of a 25% duty on all cars that are not manufactured in the US. The new tariffs will come into effect on 2 April and will be permanent, which could have a significant impact on the global automotive market.