Learn about the new tariffs introduced by Trump and their potential impact on the market. Stay updated with live cryptocurrency prices on our page.
Donald Trump, the President of the United States, announced that a 25% tariff will be imposed on all cars produced outside the United States starting from April 3. This action aims to boost domestic production, exempting cars made in the USA from this tariff. While Trump stated that this policy simplifies the supply chain between the US, Canada, and Mexico, and reduces US debt, it has triggered strong international reactions. Analysts predict these policies may lead to increased inflation, contrary to Trump’s promise of reducing it.
