Trump plans new auto tariffs to reshape trade by April 2

President Donald Trump announced plans to introduce new tariffs on automobiles around April 2. This move adds to his ongoing import levies aimed at reshaping global trade and encouraging companies to produce more in the U.S. The announcement follows Trump's recent directive to consider reciprocal tariffs on various trading partners. These tariffs target countries with import taxes on U.S. goods and could be implemented as soon as April. Details on the specific rates or scope of the auto tariffs remain unclear. The potential impact on vehicles produced under the U.S.-Canada-Mexico trade agreement is also uncertain, as North American auto supply chains are closely linked.