This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
US President Donald Trump signed a decree on Wednesday, introducing customs duties of 25% on all American automotive imports as part of his policy aimed at strengthening Made in America.
“We are going to impose customs duties of 25% on all cars that are not made in the United States,” Trump said in front of an audience of journalists at the Oval Office.
“We are going to tax the countries that do business with us and sting our jobs, our wealth and many things they have been offering for years,” he said to the signing of the decree.
These new taxes will be applied from April 2, the day of entry into force of the pricing reciprocity principle, which President Trump affectionately baptized, the day of the liberation.
“It is the real day of the liberation of America, and it will be on April 2, and I look forward to it,” he said.
These taxes will be “permanent”, said the American president, adding that he does not intend to negotiate any exceptions.
According to the White House, these customs prices will generate new annual revenue for the United States up to $ 100 billion.
According to the American press, they could potentially target a large share of American imports of vehicles, evaluated in 2024 to more than $ 240 billion.
