【#CGTN 】Trump announces 25% tariffs on auto imports to U.S.

https://www.youtube.com/watch?v=PFUp2uNZFmk

Trump announces 25% tariffs on auto imports to U.S.

https://www.youtube.com/watch?v=PFUp2uNZFmk

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US President Donald Trump has announced 25 percent tariffs on all foreign-built vehicles, escalating his global trade war.

The 25 percent automobile levies will take effect in April and will affect all foreign-made cars and light trucks. Trump said the move is permanent. He argued that the tariffs would encourage more production to relocate to the U.S., generating new revenue for the government and reducing the national debt. He also believes the tariffs will not lead to higher prices, a view disputed by many economists. Wall Street stocks plummeted after the announcement of the tariffs.

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https://www.youtube.com/watch?v=PFUp2uNZFmk

from CGTN

https://www.youtube.com/watch?v=PFUp2uNZFmk

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