President Donald Trump announces 25% tariff on all imported cars
President Donald Trump does not know when or how to stop when it comes to imposing tariffs on goods and services, especially those that are imported.
And what we’re going to be doing is a 25% tariff on all cars that are not made in the United States,” Trump told the press at the Oval Office.
Recently, Hyundai announced a $20 billion investment in the United States, including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs.
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The president also revealed that these tariffs are the reason why business is coming back to the United States and they are going to charge companies for doing business in the country.
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