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Trump: Auto tariff rate will be around 25%

ReutersFeb 18, 2025 9:26 PM

- U.S. President Donald Trump said on Tuesday auto tariffs will be around 25% and he will have more to share on the topic on April 2.

"I'll probably tell you that on April 2, but it'll be in the neighborhood of 25%," Trump told reporters.

On Friday, Trump said levies on automobiles would be coming as soon as April 2, the day after members of his cabinet are due to deliver reports to him outlining options for a range of import duties as he seeks to reshape global trade.

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