Trump sets 25% tariffs on auto imports
What happened
President Donald Trump said Wednesday he would impose a "25% tariff on all cars not made in the U.S." starting April 3. The White House said the tariffs would also apply to most auto parts, temporarily excluding those produced under the U.S.-Mexico-Canada trade agreement.
Who said what
"This is permanent," Trump told reporters in the Oval Office. "I think our automobile business will flourish like it's never flourished before." The tariffs could "increase domestic...