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Trump Hits Auto Imports With 25% Tariffs: Full Oval Office Remarks
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March 26, 2025
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26:26Now PlayingPresident Donald Trump signed an order to implement a 25% tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the US and setting the stage for an even broader push on levies next week.
“What we’re going to be doing is a 25% tariff on all cars that are not made in the United States,” Trump said at the White House on Wednesday. “We’re going to charge countries for doing business in our country and taking our jobs, taking our wealth, taking a lot of things that they’ve been taking over the years.”
The president said the tariffs would go into effect on April 2 and that the US would start to collect them a day later. The tariffs will be on top of levies already in place, White House Staff Secretary Will Scharf said, and the administration projects that the tariffs would result in $100 billion of new annual revenue to the US.
Trump cast the tariffs as “permanent” and was not interested in negotiating any exceptions.
In Q&A with reporters in the Oval Office, Trump also said he would considering lowering tariff rates imposed on China to secure Beijing's support for a sale of the US operations of TikTok owner ByteDance. He fielded questions on the Signal messaging app scandal embroiling his administration.
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