Trump announces more rates, now 25 % for cars made outside the US.

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The President of the United States has explained that the measure, which will also influence light trucks, can report the American treasury between $ 600 billion and billion in the next two years. It will take effect on April 2.

The President of the United States, Donald Trump, announced on Wednesday that a rate of 25 % will be requested for all cars exported to his country, a new and aggressive measure that intensifies the Commercial War that has been initiated by its administration.

“We will effectively charge a rate of 25 % (for cars),” Trump in the White House said in an action to sign the rate size effective.

Trump explained that he expected that the measure, which will also influence light trucks, can report an amount between $ 600 billion and billion in the next two years to the American treasury.

“It will come into effect on April 2 and we will start to increase on April 3,” added the US president, who wanted to influence that “If your vehicle produces your vehicle in the United States, there are no rates.”

Source: EITB

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