U.S. President Donald Trump has announced a 25% tariff on all foreign cars imported into the United States. He clarified that this decision is permanent and will apply to all vehicles not manufactured in the U.S. Trump stated that cars made in the U.S. will not be subject to any tariffs. The new import tariff will come into effect on April 2, with its renewal starting from April 3.

Speaking at an event in the Oval Office, Trump emphasized that a 25% tariff will be imposed on all cars not made in America. He stated that this policy would encourage domestic manufacturing and that vehicles produced in the U.S. would remain tariff-free. Experts believe this decision could disrupt the supply chain for automakers and lead to inflation for American consumers. Trump also mentioned that he had discussed the policy with major car manufacturers and assured that the tariffs would be balanced or potentially beneficial for Tesla.

This announcement comes as part of Trump's efforts to reduce trade imbalances and boost domestic production. However, such tariffs are expected to heighten global trade tensions. Notably, Trump is set to introduce more significant trade-related measures soon. He has declared April 2 as "Liberation Day" and is expected to announce several new tariffs on that date. Amid speculation about Tesla CEO Elon Musk’s involvement, Trump clarified that Musk had no role in shaping the auto tariff policy and had not provided any advice on the matter.