U.S. President Donald Trump on Wednesday signed an executive order that he said imposes 25 per cent tariffs on the auto industry, saying the duty would go on all vehicles made outside the U.S. starting April 2.
The announcement is the latest in a set of tariffs that Trump has vowed against various countries since taking office, but the auto-specific duties have been floated by the president for weeks.
“This is the beginning of Liberation Day in America,” Trump said. “Before I was elected, we were losing all of our plants that were being built in Mexico and Canada and other places. Now, those plants largely have stopped and they’re moving them to our country.
Carney and his pals will profit from our misery.
h/t David_Martin
