President Donald Trump announced a 25 per cent tariff on all foreign automobiles as he started his big Liberation Day announcements that he said would bring back jobs to the country and herald the golden age of America. Friend is worse than foe, Donald Trump said, adding that he does not blame the countries for ripping of the US but the former presidents for allowing it. The tariffs would Make America Wealthy Again,Trump said adding that America can no longer take care of other countries but would put the American interest first.
Trump announced that he would not charge the countries the same amount they charge and be kind enough to offer discounts in reciprocatory tariffs:
China: 34%
Japan: 24%
European Union: 20%
India: 26%
Pakistan: 57%
Vietnam: 46%
Taiwan: 32%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%