WASHINGTON -- U.S. President Donald Trump said Tuesday that he wants to impose higher tariffs on imported cars, at a rate of at least 25%, to incentivize auto companies to move production to American soil.
President envisions companies moving production to U.S. over next 2 years
U.S. President Donald Trump speaks to reporters at Mar-a-Lago in Palm Beach, Florida on Feb. 18. © Reuters
WASHINGTON -- U.S. President Donald Trump said Tuesday that he wants to impose higher tariffs on imported cars, at a rate of at least 25%, to incentivize auto companies to move production to American soil.