Price Shock: Trump’s 25% Tariff on Foreign Cars

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New Levies on International Auto⁢ Imports Declared by Former President Trump

In a ⁤move that reverberated across ⁤global trade markets, the Trump governance, under the leadership ⁢of then-President Donald Trump, ‍ announced on Wednesday the implementation of a significant 25% tariff.⁣ This new duty ​ will be applied to vehicles, specifically automobiles and‌ light trucks, manufactured ‌abroad ⁣and imported into the U.S. This‍ action signifies a notable intensification of the administration’s trade policies.
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