Summary
Germany vows not to “give in” as Donald Trump imposes a 25% tariff on imported cars, effective April 2, with parts tariffs starting in May.
France, Canada, China, and Japan criticize the move, warning of economic harm and trade disruptions. European leaders call for retaliatory tariffs to maintain a balanced trade field.
Automakers’ shares, including General Motors and Ford, dropped significantly.
Trump argues tariffs will boost US manufacturing, while critics claim they will increase consumer prices and hurt global economic ties.
This is exactly right… Even if Trump declares it was all a joke and now we can go back to “normal”… everybody (except MAGA level idiots I suppose) will know there are no guarantees with the USA and their word is worth less than rat poop
EVERY deal with the USA in the future will have that priced in
The word of the USA isn’t worth anything now. We can’t trust the USA to do the right thing.
Crys in being British and missing out on the resurgance of European unity because our PM prefers to felate Trump.