Carmakers have been warned that President Donald Trump’s 25 per cent tariff on engines, transmissions and other key car parts imported into the US came into force yesterday, raising pressure on an industry already navigating significant policy changes. The new tariff on car parts follows a similar 25 per cent import tax on cars that went into effec…Read More
Trump’s 25% auto parts tariff comes into effect impacting global carmakers and millions of jobs
