Vehicle tariff rate will be around 25%: Trump

Published on: 2025/02/19 10:00

Vehicle tariff rate will be around 25%: Trump
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U.S. President Donald Trump announced he'll likely impose a 25-percent tariff on cars coming into the United States.

The tariff also targets chips and pharmaceuticals, with the announcement coming as soon as April 2nd.

Lee Seung-jae reports.

In his first month back in the Oval Office, U.S. President Donald 트럼프 has been focused on taxing imports coming into the United States, citing unfair trade.

During a press conference at Mar-a-Lago in Florida on Tuesday, he was asked about the specifics of automobile tariffs that he had hinted at earlier.

"Yeah, I probably will tell you that on April 2nd. But it'll be in the neighborhood of 25%."

Trump also said that it's likely that he will announce a 25-percent tariff on chips and pharmaceuticals coming into the United States.

However, with pharmaceuticals, he hinted that while it will be initially 25 percent or higher, it will go up significantly over the course of a year.

Due to the massive tariffs that Trump plans on imposing, the U.S. leader said that major car and chip companies have already approached his administration, hinting that new plants are now likely to be built in the United States.

"I do want to say, while I'm up here, I've been contacted by some of the biggest companies in the world. And because of what we're doing economically and through tariffs and taxes and incentives, they want to come back into the United States. And we'll be announcing various very large companies, the biggest, actually, and they'll be coming back, having to do with chips and having to do also with cars and lots of other things."

Meanwhile, President Trump has commented on the North Korean troops who have fought alongside the Russian military in the Kursk region for the first time since taking office.

According to Trump, many North Koreans have been killed fighting in the war.

The comments also come as his administration is holding talks with Russian officials to discuss a plan to end the war in Ukraine.

Lee Seung-jae, Arirang News.

Arirang news https://www.arirang.com/news/view?id=280818

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