US President Donald Trump has announced plans to impose new tariffs on cars, marking the latest escalation in his trade war. The levies are expected to target carmakers in Germany, Japan, and South Korea, further straining global supply lines. The move is part of Trump’s efforts to reshape global trade relationships and pressure companies to relocate production to the US.
Source: https://www.bloomberg.com/news/articles/2025-02-14/trump-says-he-will-introduce-new-tariffs-on-autos-around-april-2