Wu Blockchain (@WuBlockchain): According to Bloomberg, U.S. President Donald Trump announced a 25% tariff on all non-U.S. manufactured cars, set to take effect on April 2 and begin…
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According to Bloomberg, U.S. President Donald Trump announced a 25% tariff on all non-U.S. manufactured cars, set to take effect on April 2 and begin being levied on April 3. The tariff will be applied on top of the existing 2.5% car tariff. Additionally, if parts are produced in the U.S. but the vehicle is not, those parts will be exempt from the tariff. bloomberg.com/news/articles/…