https://www.taxtmi.com/news?id=38769 President Trump will impose auto import tariffs to promote domestic manufacturing by taxing foreign-made vehicles and parts, acknowledging that US automakers rely on global supply chains so the duties may raise prices and strain manufacturers; the measure is part of a wider tariff strategy of reciprocal taxes and follows prior tariffs on steel, aluminum and certain imports, with some temporary reprieves due to expire and a risk of retaliatory trade measures that could disrupt global trade and increase costs. en-us Thu, 27 Mar 2025 00:31:02 +0530 Thu, 27 Mar 2025 00:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38769 President Trump will impose auto import tariffs to promote domestic manufacturing by taxing foreign-made vehicles and parts, acknowledging that US automakers rely on global supply chains so the duties may raise prices and strain manufacturers; the measure is part of a wider tariff strategy of reciprocal taxes and follows prior tariffs on steel, aluminum and certain imports, with some temporary reprieves due to expire and a risk of retaliatory trade measures that could disrupt global trade and increase costs. News - Thu, 27 Mar 2025 00:31:02 +0530 https://www.taxtmi.com/news?id=38769