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What Does Trump's 25% Tariff On FOREIGN Autos Mean For You?
We’re diving into some big news: President Trump just signed an executive order slapping a 25% tariff on foreign-made autos. This is going to shake things up for automakers, jobs, and maybe even the price of your next ride.
So, here’s the deal: as of April 2nd, any vehicle manufactured outside the U.S. is getting hit with a 25% tariff. That’s not just a little tweak - it’s a 25 percentage point jump above where tariffs were before. We’re talking about $100 billion in projected revenue for the U.S. government. The goal? President Trump wants to bolster American manufacturing and bring jobs back home. But the road to get there is looking a little bumpy for some of the big players.
Who's impacted and what brands may close their doors. We discuss the truth.
Thanks for watching!
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