Trump announces 10% “baseline” tariff, 25% tariff on all foreign-made vehicles on 'Liberation Day'

Trump announces 10% “baseline” tariff, 25% tariff on all foreign-made vehicles on 'Liberation Day'

U.S. President Donald Trump on Wednesday announced he is signing an executive order implementing new import tariffs on so-called “Liberation Day” for the U.S. economy.

“Effective at midnight, we will impose a 25 per cent tariff on all foreign-made automobiles,” Trump said, adding that with this latest trade policy, the U.S. would “pry…

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