Trump slaps 25 per cent tariffs on all car imports

City A.M.

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President Trump announced late on Wednesday that he will impose a universal 25 per cent tariff on all car imports into the US, just hours after the Office for Budget Responsibility warned that fresh tariffs would erase Reeves’ newfound fiscal headroom.  These new levies are part of a package of anti-trade measures from 2 April, [...]

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