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US: Trump imposes 25% tariff on all foreign-made cars

US President, Donald Trump has announced plans to slap 25% tariffs on all imported cars, escalating a global trade war just weeks after previous tariffs touched off a market rout and triggered concern about a possible recession. “We start off with a 2.5% base,” he said, emphasising that these tariffs will be added on top […]

US: Trump imposes 25% tariff on all foreign-made cars
Tribune Online