Trump: Tariffs On Foreign Cars To Start On April 2

The New York Times reports:

President Trump said on Friday that he planned to move forward with tariffs on foreign cars on April 2, but did not specify how much the tariffs would be or which nations could be targeted. Automakers have been bracing for the impact of tariffs and have forecast significant job losses.

Asked about when he might impose car tariffs during remarks in the Oval Office, Mr. Trump said “maybe around April 2.” He said that he had planned to announce the tariffs April 1, which is April Fools’ Day, but that he was “a little superstitious.”

“We’re going to do it on April 2, I think. Is that right?” Mr. Trump asked an adviser, who confirmed that was correct. Mr. Trump has already proposed various trade measures in his first few weeks in office that could have big consequences for the auto industry.

Read the full article.

Trump Announces Plans To Destroy The Auto Industry With Tariffs On April 2: Trump announced that he will be imposing a 25% tariff on imported cars that will go into effect on April 2.

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— #TuckFrump (@realtuckfrumper.bsky.social) February 14, 2025 at 5:39 PM