United States president Donald Trump has said he will announce fresh auto tariffs on April 2, 2025, although there will be some leeway. As reported by Reuters, Trump told reporters at the White House on Monday (March 24) that not all the new tariffs would be announced next week, with “a lot of countries” set to get breaks.
The April 2 announcement – dubbed ‘Liberation Day’ – will see Trump announce “reciprocal tariffs” aimed at remedying he deems to be “unfair treatment” of US exports in foreign markets. “The president is determined to implement reciprocal tariffs that are very strong. People should expect that,” said a White House official.
In addition to auto tariffs, Trump said lumber and semiconductor chips will also be levied further down the road. While there are little details on what these reciprocal tariffs will be, Trump did confirm on Monday that 25% secondary tariffs will be slapped on any country that buys oil from Venezuela.
Since coming into office, Trump has imposed a 25% tariff on Canada and Mexico, although he later agreed to delay some auto tariffs after Ford, General Motors (GM) and Stellantis pushed for a waiver. Meanwhile, a 25% tariff on global steel and aluminium reports has been fully restored and imports that do not comply with USMCA free trade treaty are subject to a levy of the same amount.
China wasn’t left out either, with Trump initially announcing a 10% tariff before hiking it to 20% on March 4, 2025. In retaliation, China slapped the US with 10-15% tariffs on US agriculture and food exports, while 25 US firms have been slapped with export and investment curbs on the ground of national security. A 10% tax on large-displacement cars, pick-up trucks from the US was also announced.
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25% sibuk nak announce. Here we charge up to 105% sempoi je.
exactly. whatever trump is doing is nothing new. it just looks bad due to his bad PR attitude….
This is understandable as those that comply will not be taxed.
Meanwhile the country leadership will be enjoying their Raya celebrations here when the whole country economy will be disrupted without any concrete action!!!
poor americans gonna be forced to pay more for their cars then.
Mr. President, I bought 30 of your planes. Can I make an appointment to see you in white house? Just 5 seconds will do. Just a handshake and photo for the meleisian media. Promise not to shout and belittle me like you did to zelenskyy?
Apadehal? Kita tak export proton & perodua pegi US pun