Trump’s 25% Auto Tariff: What It Means for US Automakers, Global Trade |Firstpost Tech & Trade |N18G

Trump’s 25% Auto Tariff: What It Means for US Automakers, Global Trade | Firstpost Tech & Trade | N18

US President Donald Trump’s 25% auto tariffs have come into effect, triggering global disruption across the automotive industry. American carmakers could face up to $108 billion in added costs this year, with Ford, GM, and Stellantis hit hardest. Stellantis has announced temporary shutdowns and layoffs, while Nissan is shifting production. Canada has responded with retaliatory tariffs, South Korea pledged $2 billion in aid, and Japan risks losing $17 billion in exports. European brands like Audi and Jaguar are facing shipping delays. With more tariffs on parts due May 3, will Trump's plan revive US manufacturing—or deepen the global fallout? Watch this video to know more.

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