# Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues

- Link: https://www.widthness.com/trump-places-25-tariff-on-imported-autos-expecting-to-raise-100-billion-in-tax-revenues/
- Published: 2025-03-27T09:30:00-05:00
- Author: Curated by Theresa Wysocki

Image credit: usertrmk on Freepik. Article by Josh Boak. AP News – updated March 26, 2025. WASHINGTON (AP) — President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “This will continue to spur growth,” Trump told reporters. “We’ll effectively be charging a […] The post Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues appeared first on AP News.