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Trump: US to impose tariffs on cars, lumber and steel
After Trump became the 47th President of the United States in 2025, he implemented a series of tariff policies. Here are the tariffs on cars, wood, and steel:
Cars: On February 18, 2025, local time, Trump said that he would impose a tariff of about 25% on imported cars, and he also said that he would make more statements on this topic on April 2. By March 14, local time, the US Secretary of Commerce said that the United States may impose tariffs on cars from all countries in April, including South Korea, Japan and Germany.
Wood: On March 1, 2025, local time, Trump ordered a new round of tariff investigations on wood imports, which may impose more tariffs on imported wood. And the United States will impose tariffs on Canadian dairy and wood products from April 2. Previously, the United States had imposed an average tariff of 20% on softwood imported from Canada on April 24, 2017.
Steel: On February 10, 2025, local time, Trump signed an executive order announcing a 25% tariff on all US imported steel and aluminum, which took effect on March 4. And on March 11, Trump instructed the US Secretary of Commerce to impose an additional 25% tariff on all steel and aluminum products from Canada, bringing the total tariff level to 50%. This measure took effect immediately on the morning of March 12, local time.
These tariff policies of Trump have triggered different reactions from all parties. The German automotive industry warned that Trump’s tariff plan would have an adverse impact on US consumers, push up US inflation, and hurt global automakers; the European Union believes that Trump’s proposed “reciprocal” trade policy is wrong and will resolutely and immediately respond to unreasonable barriers to free and fair trade; there are also voices of opposition in the United States, such as California Governor Gavin Newsom said that tariffs are a tax on hard-working American families.