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NEW YORK — President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States, a significant escalation in a global trade war.The tariffs, set to take effect on April 3 at 12:01 am ET, are aimed at expanding America’s auto manufacturing prowess. For decades, because of a free trade agreement, automakers have treated Canada, Mexico and the United States as one big country, with no tariffs among them. Although the United States is home to a significant automaking industry, Trump wants to grow it.“Frankly, friend has been oftentimes much worse than foe. And what we’re going to be doing is a 25% tariff on all cars that are not made in the United States,” Trump told reporters on Wednesday before signing an executive proclamation in the Oval Office....
March 27, 2025
Trump announces new auto tariffs in a major trade war escalation
March 26, 2025
Mike Waltz takes 'full responsibility' for Signal group chat leak
March 26, 2025
Trump and intelligence chiefs play down Signal group chat leak
March 26, 2025
Democrats call for US Defense Secretary Hegseth to resign over group chat leak
March 26, 2025
JD Vance to join wife on Greenland trip amid backlash
March 26, 2025
Trump signs order aimed at overhauling US elections
March 25, 2025
China-bound United flight turns around after pilot forgets passport
March 25, 2025
Trump's national security team's chat app leak stuns Washington
March 25, 2025
US cuts to HIV aid will cost millions of lives — UNAids chief
WASHINGTON — In a Truth Social post, Trump said Venezuela has been "very hostile" to the US and countries purchasing oil from it will be forced to pay the tariff on all their trade to the US starting April 2.The tariffs would most likely add to the taxes facing China, which in 2023 bought 68% of the oil exported by Venezuela, according to a 2024 analysis by the US Energy Information Administration. Spain, India, Russia, Singapore and Vietnam are also among the countries receiving oil from Venezuela, the report shows.But even the United States — despite its sanctions against Venezuela — buys oil from that country. In January, the United States imported 8.6 million barrels of oil from Venezuela, according to the Census Bureau, out of roughly 202 million barrels imported that...
March 25, 2025
US will put 25% tariff on countries that buy Venezuelan oil