Brief by Shorts91 Newsdesk / 02:55pm on 27 Mar 2025,Thursday International
Germany has vowed to "not give in" as US President Donald Trump imposes a 25% tariff on imported cars and parts from April 2. Economy Minister Robert Habeck urged the European Union to "respond firmly." France called the move "very bad news," while Canada labeled it a "direct attack." China accused the US of violating trade rules, and Japan warned of "significant impact." Stocks of German automakers plunged. Trump defended the tariffs, claiming they protect US manufacturing. Hyundai announced a $21B US investment, which Trump hailed as proof tariffs work. The EU is considering countermeasures against American products. (PC: BCCI)
