Trump Set to Unveil Auto Tariff Plans in Today’s Key Announcement

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According to insiders, President Donald Trump is gearing up to unveil new auto tariffs as early as March 26. This announcement could intensify his ongoing disputes with international trading partners just ahead of a broader tariff initiative set for next week.

The sources who disclosed this information requested anonymity due to the sensitive nature of the plans that have yet to be officially revealed. However, one individual did mention that there might still be changes in Trump’s strategy.

This news caused shares of major automakers like General Motors and Ford to dip slightly by less than 1% around midday in New York.Similarly, Stellantis NV also saw its stock turn negative after an earlier rise.

This week,Trump hinted at providing more details about these auto tariffs soon and suggested they would precede his planned rollout on April 2 concerning extensive reciprocal tariffs aimed at various nations. He believes these levies will stimulate growth within the U.S.automotive industry and encourage companies to shift more production back home.

The specifics regarding how high these auto tariffs will be remain uncertain—questions linger about potential exemptions or whether they would apply immediatly or gradually over time. It’s also unclear if finished vehicles alone will face these tariffs or if parts will be included as well.

A Broader Trade Conflict

If implemented, these levies would represent a important escalation in Trump’s trade conflict and are likely aimed at some prominent automotive brands from countries such as Japan, Germany, and South Korea—all key players in global trade with the U.S. This move could disrupt operations for North American manufacturers who depend