Trump announces auto tariffs set to begin April 2

President Trump announced plans to impose tariffs on foreign cars starting April 2. He did not disclose the tariff rates or specific countries affected. This follows his earlier proposals for tariffs on steel, aluminum, and imports from Canada and Mexico. The president has paused some tariffs until March 4 while negotiating with Canada and Mexico. He recently implemented a 10 percent tariff on China, a key supplier of auto parts. Trump also introduced a "reciprocal tariff" plan, targeting countries with unfair trade practices. The European Union currently imposes a 10 percent tariff on U.S. cars, while the U.S. charges 2.5 percent on European cars.