US Pres. Trump may impose car taxes next week

Citing EU sources, the WirtschaftsWoche, German business news magazine, reported that US President Donald Trump could impose tariffs on imported cars as early as next week following the G20 meeting in Buenos Aires.
"The report recommends 25% duty on car imports from all countries except Canada and Mexico. There will be no exceptions for certain car types," author Silke Wettach said.
Author

Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

















