Major economies vow to retaliate, with China accusing Washington of violating international trade rules.

Summary

Germany vows not to “give in” as Donald Trump imposes a 25% tariff on imported cars, effective April 2, with parts tariffs starting in May.

France, Canada, China, and Japan criticize the move, warning of economic harm and trade disruptions. European leaders call for retaliatory tariffs to maintain a balanced trade field.

Automakers’ shares, including General Motors and Ford, dropped significantly.

Trump argues tariffs will boost US manufacturing, while critics claim they will increase consumer prices and hurt global economic ties.