<ul><li>US President Donald Trump announced a 25% tariff on all imported automobiles and car parts, beginning on April 2.</li><li>Tariffs are paid for by importers, which means that new cars and maintenance costs will become more expensive.</li><li>Trump has previously initiated trade wars with countries like Canada, the European Union, and China.</li><li>This latest tariff follows previous tariffs on imports from Canada, Mexico, and China, as well as on steel and aluminum.</li></ul>

Auto industry braces for chaos as Trump sets 25% tariff on all imports

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