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President Donald Trump on Wednesday said he would impose 25% tariffs on “all cars that are not made in the United States.”
Trump said there is “absolutely no tariff” for cars that are built in the U.S.
The new tariffs were codified in a presidential proclamation that Trump signed in the Oval Office. They will go into effect April 2, and “we start collecting April 3,” he said.
Trump White House aide Will Scharf said the new tariffs apply to “foreign-made cars and light trucks.” He clarified that they come in addition to duties that are already in place.
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