On April 2, 2025, President Trump signed an executive order introducing a 10% minimum tariff on all U.S. imports, effective April 5. Additionally, for imported vehicles and parts, the administration introduced a 25% tariff. These measures represent a significant shift in U.S. trade and industrial policy and have already prompted widespread responses across the automotive sector. In this guide, we explore how these changes may affect automakers, buyers, and bidders, especially within the used car…
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