Trump Announces 25% Tariffs on Imported Cars, Sparking Global Trade War Concerns

President Donald Trump announced tariffs of 25% on all imported automobiles, escalating trade tensions with the European Union. The tariffs, set to take effect on April 3rd, will also apply to key automotive parts. The White House stated the decision aims to strengthen the United States as a manufacturing location and reduce trade deficits. Foreign companies producing in the U.S. will be exempt. Reactions from around the world have been critical. Germany's Minister of Economic Affairs, Robert Habeck, called for a firm response from the EU. The President of the German Association of the Automotive Industry (VDA), Hildegard Müller, described the announcement as a "disastrous signal for free trade." South Korea announced it would contact the U.S. to mitigate the impact on its manufacturers, while Japan hinted at potential consequences. France's Finance Minister, Eric Lombard, deemed the tariffs "very bad news." The European Commission President, Ursula von der Leyen, stated the EU would protect European companies and seek solutions through negotiation. The EU anticipates additional tariffs on other imports from the bloc, including pharmaceuticals and food products.