Updated 3/27/25 at 08:25 am  President Donald Trump announced a 25% tariff on imported cars and light trucks starting April 3, escalating global trade tensions and drawing sharp criticism from U.S. allies and automakers. The move, aimed at boosting domestic production and offsetting tax cuts, is expected to drive up vehicle prices and disrupt supply chains. "What we're going to be doing is a 25% tariff for all cars that are not made in the United States," Trump declared in the Oval Office. The decision follows a 2019 national security investigation under Section 232 of the Trade Act of 1962, which...