Trump announces new 25% tariff on imported cars and car parts

The president's latest action on trade takes effect next week, and will slap a 25% tariff on imported cars and car parts. He says the measure will boost U.S. manufacturing.

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Trump announces new 25% tariff on imported cars and car parts
President Trump announces tariffs on auto imports in the Oval Office on Wednesday.

The president's latest action on trade takes effect next week, and will slap a 25% tariff on imported cars and car parts. He says the measure will boost U.S. manufacturing.

(Image credit: Mandel Ngan)

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