Trump announces 25% tariffs on foreign-built vehicles

US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week. Wall Street slumped ahead of Trump's Wednesday afternoon announcement, while the world's top-selling automaker Toyota plunged more than three percent. Japan's Prime Minister Shigeru Ishiba said Tokyo [...]The post Trump announces 25% tariffs on foreign-built vehicles appeared first on The Guardian Nigeria News - Nigeria and World News.

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