Revving Up or Slamming the Brakes? How Trump’s 2025 Policies Are Rewriting the Road for the Automobile Industry
President Trump’s second term has ushered in significant policy shifts impacting the automotive industry. Here’s a breakdown of the key changes affecting car enthusiasts: 🚗 1. 25% Tariff on Imported Vehicles and Parts In March 2025, President Trump invoked Section 232 of the Trade Expansion Act to impose a 25% tariff on imported passenger vehicles and certain auto parts, citing […]
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