Trump's Tariffs Target All Foreign-Made Vehicles

President Donald Trump announced a 25% tariff on all foreign-made vehicles, effective April 2, as part of his ongoing trade war strategy. This move has sparked international tensions, with the EU and Canada warned of even larger tariffs if they collaborate against the US. The tariffs also extend to auto parts, affecting manufacturers like Tesla, whose CEO Elon Musk acknowledged potential cost impacts. The UK is in intense negotiations with the US to avoid these tariffs, which could significantly impact its car industry. The EU has planned retaliatory tariffs, while Canada has already imposed duties on US goods. Trump's approach aims to recalibrate trade imbalances but has drawn criticism for potentially isolating the US economically.