Trump imposes 25% import tariff on car imports; Musk responds

US President Donald Trump announced a 25% tariff on auto imports, including cars, light trucks, and key auto parts. The tariff, effective April 3, could significantly affect the price of parts in Tesla cars from other countries. Tesla CEO Elon Musk noted that the impact is not trivial. Tariffs on additional goods, including pharmaceuticals, are planned.

from Times of India https://ift.tt/V3txpFI