By GB News (World News) | Created at 2025-04-02 20:46:10 | Updated at 2025-04-03 16:40:58
20 hours ago
US President Donald Trump has announced a 25 per cent tariff on all foreign-made automobiles.
Addressing the world in a press conference at the White House, Trump declared: "Toyota sells one million foreign-made automobiles into the United States, and General Motors sells almost none. Ford sells very little. None of our companies are allowed to go into other countries.
"And I say that friend and foe, and in many cases, the friend is worse than the foe in terms of trade. But such horrendous imbalances have devastated our industrial base and put our national security at risk. I don't blame these other countries at all for this calamity.
"I blame former presidents and past leaders who weren't doing their job. They let it happen, and they let it happen to an extent that nobody can even believe. That's why, effective at midnight, we will impose a 25 per cent tariff on all foreign made automobiles."
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