The move is expected to drive up vehicle prices and send shock waves through the industry worldwide.
US President Donald Trump on Wednesday announced plans for long-promised tariffs of up to 25 per cent on vehicle imports, widening the global trade war he kicked off upon regaining the White House this year in a move car industry experts expect will drive up prices and stymie production.
“What we’re going to be doing is a 25 per cent tariff for all cars that are not made in the United States,” Trump said at an event in the Oval Office.
