Official announcements from the U.S. government or relevant trade departments

Trump Pledges 100%-200% Tariffs on Chinese Cars from Mexico to Protect U.S. Auto Industry

Oct 17, 2024, 04:42 PM

Donald Trump has pledged to impose sweeping tariffs on imported cars, specifically targeting Chinese auto plants being constructed in Mexico. Trump claims that these plants, if completed, would devastate the U.S. car industry, particularly in Detroit. He has stated that tariffs could be as high as 100% or 200% to prevent these imports. Trump asserts that his stance has already halted construction on these plants, which he believes will save jobs for Michigan autoworkers and help Detroit thrive. In a recent Bloomberg interview, Trump mentioned that he has been warning about this issue for over a year.