Liberation Day: President Trump Announces 25% Tariff on Foreign Made Cars

Liberation Day: President Trump Announces 25% Tariff on Foreign Made Cars
A Mini Countryman and a BMW 2 Grand Coupe at the bodyshop in the BMW Group factory in Leip
Krisztian Bocsi/Bloomberg via Getty Images

President Donald Trump announced a 25 percent tariff on foreign-made cars as part of his greater announcement in the Rose Garden on what has been dubbed “Liberation Day” for the American people, as Trump gears up to sign an executive order instituting reciprocal tariffs.

“April 2 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again,” Trump began, walking through the reality of America getting completely battered in trade over the years.

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