In the wake of General Motors' announcement Monday that it plans to close three assembly plants in the U.S. and lay off thousands of workers, President Donald Trump threatened on Twitter Wednesday that he could increase import taxes on passenger cars to match those levied on trucks. In a pair of tweets, Trump cited a long-standing 25-percent... Trump threatens 25-percent tariff on imported cars
November 29, 2018 at 11:44 AM EST
In the wake of General Motors' announcement Monday that it plans to close three assembly plants in the U.S. and lay off thousands of workers, President Donald Trump threatened on Twitter Wednesday that he could increase import taxes on passenger cars to match those levied on trucks. In a pair of tweets, Trump cited a long-standing 25-percent...
In the wake of General Motors' announcement Monday that it plans to close three assembly plants in the U.S. and lay off thousands of workers, President Donald Trump threatened on Twitter Wednesday that he could increase import taxes on passenger cars to match those levied on trucks. In a pair of tweets, Trump cited a long-standing 25-percent... 