#TrumpTariffs

🚨 Trump Slaps 25% Tariff on All Imported Cars – Here’s What Happens Next

It’s official: Former President Trump just announced a sweeping 25% tariff on all cars imported into the U.S. — a massive jump from the current 2.5%. The policy takes effect April 2, a date Trump branded "Liberation Day."

The backlash? Immediate and fierce.

- Canada’s PM condemned the move as a "direct attack" and vowed retaliation.

- Japan called it damaging and is exploring countermeasures.

- Automaker stocks plummeted as markets reacted:

- Toyota: -3.7%

- Nissan: -3.2%

- Honda: -3.1%

- Hyundai (South Korea): -3.4%

Experts warn of dire consequences:

- U.S. car prices could spike by $12,000+ due to higher import costs.

- Tens of thousands of jobs at risk across North America’s auto sector.

Polls show most Americans fear the financial hit, and they might be right. While the tariffs could boost government revenue, the broader economic fallout could be severe.

Bottom line: This move may "win" politically, but at what cost to consumers and the auto industry? 👀