Trump Proposes 200% Tariff on Vehicles Manufactured Abroad, Specifically Mexico

Oct 13, 2024, 07:28 PM

Former President Donald Trump has proposed a 200% tariff on vehicles manufactured abroad, specifically in Mexico, and sold in the United States. Trump revealed this plan during an interview on Sunday Futures with Maria Bartiromo. He cited the need to protect American jobs and the domestic car industry as the primary reasons for the proposed tariffs. Trump suggested that the tariffs could be even higher than 200%, indicating a strong stance on protecting U.S. manufacturing from foreign competition.