President Trump moves to impose 25% tariff on foreign automobiles entering U.S.
Many countries impose tariffs on U.S. cars, including pickup trucks, with rates varying significantly. For example, India has a tariff of 100% on imported cars, while countries like China have imposed tariffs as high as 40% on U.S. vehicles during trade disputes. Some nations, particularly those with protectionist policies, have tariffs exceeding 200% to safeguard …