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Trump hints at automobile levies and exemptions on reciprocal tariffs


Published on 2025-03-25 06:21:04 - Euronews
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  • US President Donald Trump indicated that he would impose auto tariffs in the coming days, alongside a possibility of granting exemptions for some countries based on reciprocal tariffs. The comments triggered a sharp rebound in the US stock markets as investors expected a softened tariff stance.

The article from MSN discusses former President Donald Trump's comments on automobile tariffs and reciprocal trade policies. Trump hinted at imposing tariffs on automobiles, suggesting that if other countries place tariffs on U.S. cars, the U.S. should respond in kind with tariffs on their cars. He emphasized the concept of "reciprocal tariffs," where the U.S. would match the tariffs imposed by other nations on American goods. This approach, according to Trump, would level the playing field in international trade. He also mentioned potential exemptions for countries that treat U.S. products fairly, indicating a nuanced approach to trade negotiations. Trump's statements reflect his ongoing advocacy for protectionist trade policies, which were a hallmark of his presidency.

Read the Full Euronews Article at:
[ https://www.msn.com/en-us/politics/government/trump-hints-at-automobile-levies-and-exemptions-on-reciprocal-tariffs/ar-AA1BBPFd ]