#donaldtrump #indiatoday #trump #tariffs #usnews #breakingnews
Trump Speech News LIVE: Trump Announces 25% Tariffs On Foreign Made Cars: Going To Be Permanent
US President Donald Trump on Wednesday announced sweeping plans to impose a 25 per cent tariff on all automobiles imported into the United States, declaring that the measure will be permanent. The tariffs will take effect on April 2, with collection beginning on April 3.
"What we’re going to be doing is a 25 per cent tariff on all cars that are not made in the United States. This will be permanent," Trump said in the Oval Office. "We start off with a 2.5 per cent base, which is what we’re at, and go to 25 per cent." He claimed the move would drive economic growth, adding, "This will continue to spur growth like you haven’t seen before. But if you build your car in the United States, there is no tariff."
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India’s leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00
Download App: https://indiatoday.link/wHaj
Follow us: Official website: https://www.indiatoday.in/
Twitter: https://twitter.com/IndiaToday
Facebook: https://www.facebook.com/IndiaToday
