U.S. President Donald Trump is signing another tariff to Canada and signed an executive order on Wednesday that would attack all non-American cars with high import taxes.
Trump said the U.S. would impose a 25% tariff on these imports, but it is not clear when to apply.
The president said automatic tariffs will start on April 2, but advised them to start at a base rate of 2.5%.
“What we’re going to do is 25% tariffs on all cars that are not made in the U.S.. If they are made in the U.S., there are absolutely no tariffs. We’re going to start with a base of 2.5%, which is where we are and we’re going to get a center of 25%.
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