President Trump Imposes 25% Tariffs on Auto Imports

On March 26, 2025, President Donald Trump announced a 25% tariff on auto imports, a measure aimed at boosting domestic manufacturing and protecting the U.S. automotive sector. The new tariffs, effective from early April, come as part of a policy driven by national security concerns under Section 232 of the Trade Expansion Act of 1962, with expectations to generate significant annual revenue.

The announcement drew immediate criticism, notably from Canadian Prime Minister Mark Carney, who described the tariffs as a direct attack on Canada. Supplemental details from various sources indicate that the move could disrupt established trade agreements and global supply chains, while also spurring increased auto sales in anticipation of rising prices as consumers rush to purchase vehicles before the new costs take effect.