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Trump Announces 25% Tariffs on Foreign-Built Vehicles

Trump Announces 25% Tariffs on Foreign-Built Vehicles

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The United States has imposed a 25% tariff on all imported cars and car parts, effective April 2. This move has sparked concerns among the country's top trade partners, including Japan, the UK and Germany.

Olof Gill
European Commission
1. What we will do from this stage on is prepare ourselves for, as I mentioned, a proportionate, firm, well-calibrated, well-timed response. We don't want to have to respond. But at the risk of sounding like my three-year-old son, they started it.
Candace Laing
Canadian Chamber of Commerce
1. This tax hike puts plants and workers at risk for generations, if not forever.
2. Throwing away tens of thousands of jobs on both sides of the border will mean giving up North America's auto leadership role, instead encouraging companies to build and hire anywhere else but here.
Doug Ford
Progressive Conservative party
1. Auto plants on both sides of the border will shut simultaneously if these tariffs proceed.
Guo Jiakun
Chinese Ministry of Foreign Affairs
1. No country's development and prosperity are achieved by imposing tariffs.
Ursula Von Der Leyen
European Commission
1. The EU will continue to seek negotiated solutions, while safeguarding its economic interests.
2. I deeply regret the US decision to impose tariffs on European automotive exports.
Eric Lombard
1. We are in a situation where we are being targeted. Either we accept it, in which case this will never stop, or we respond.
2. The only solution for the European Union will be to raise tariffs on American products in response.
3. These tariffs are a major step in the right direction for autoworkers and blue-collar communities across the country, and it is now on the automakers, from the Big Three to Volkswagen and beyond, to bring back good union jobs to the US.
Emmanuel Macron
Renaissance
1. Imposing tariffs disrupts value chains, creates an inflationary effect in the short term, and destroys jobs. So it's not good for the US or European economies.
Rachel Reeves
Labour Party
1. We are looking at the zero-emission vehicle mandate, which is why some of … that money goes to Tesla, and looking at how we can better support the car manufacturing industry in the UK.
2. That's what we're working on. We've got a few more days left of those negotiations before these tariffs are due to come in.

Trump Announces 25% Tariffs on Foreign-Built Vehicles

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