Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues
President Donald Trump waves after speaking at a reception celebrating Women’s History Month in the East Room of the White House, Wednesday, March 26, 2025, in Washington. (AP Photo/Mark Schiefelbein) “This will continue to spur growth. We’ll effectively be charging a 25% tariff,” Trump said, announcing the new tax on auto imports. President Donald Trump…