Research

Revving up the trade war: The economic impact of Trump's car tariffs

1 April 2025 19:36 RaboResearch

On March 26, President Trump signed an executive order to impose a 25% tariff on imports of cars and car parts which comes into effect on April 3, a day after what he has dubbed ‘Liberation Day’ for reciprocal US tariffs. This puts the pedal to the metal in the global trade war.

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Non Independent Research - This document is issued by Coöperatieve Rabobank U.A. incorporated in the Netherlands, trading as “Rabobank” (“Rabobank”) a cooperative with excluded liability. Read more