Trump Announces 25% Auto Tariffs -- WSJ

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Trump Announces 25% Auto Tariffs -- WSJ

Dow Jones03-27

By Gavin Bade

President Trump said he would impose 25% tariffs on global automotive imports to the U.S., making good on pledge to impose duties on cars and trucks from other nations.

"What we're going to be doing is a 25% tariff on all cars not made in the U.S.," Trump said in the Oval Office, appearing to dispel any chance of an exemption for countries like Canada and Mexico, which have a free-trade agreement with the U.S. It wasn't immediately clear when those tariffs would be effective, or if they would extend to auto parts, which Trump's trade team had considered exempting from tariffs in recent days.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 26, 2025 17:30 ET (21:30 GMT)

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