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Newshour

US announces 25% tariff on all cars and car parts

Newshour

BBC

News, Daily News

4.4984 Ratings

🗓️ 27 March 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

President Trump announces a 25% tariff on all imports of cars and car parts into the US. Manufacturers in Europe, Asia and Canada are furious; we hear from the Canadian Vehicle Manufacturers Association.

Also in the programme: several people die after a tourist submarine sinks off Egypt's Red Sea coast; and we talk to the Palestinian-American comedian Mo Amer on using humour to tell sometimes uncomfortable truths about the immigrant experience.

(IMAGE: US President Donald Trump delivers remarks on auto tariffs and other topics in the Oval Office at the White House, in Washington, DC, USA, 26 March 2025 / CREDIT: Francis Chung / EPA-EFE/REX/Shutterstock)

Transcript

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0:00.0

Hello and welcome to News Hour from the BBC World Service. We're coming to you live from London.

0:08.6

I'm James Menendez. And we're going to begin the program today, talking about cars and the impact of President

0:14.1

Trump's announcement of a 25% tariff or tax on all imports of cars made outside the US and on all imported parts, even if they go

0:25.0

into cars made inside the US. Mr. Trump signed the executive order, which will introduce the

0:31.6

tariffs from the 2nd of April, at the White House on Wednesday, saying it would boost America's

0:36.8

domestic vehicle production

0:38.3

and bring down prices.

0:40.4

So we'll effectively be charging a 25% tariff.

0:43.8

But if you build your car in the United States, there is no tariff.

0:46.8

And what that means is a lot of foreign car companies.

0:49.6

A lot of companies are going to be in great shape because they've already built their plant.

0:53.2

But their plants are underutilized, so they'll be able to expand them inexpensively and quickly.

0:58.2

But others will come into our country and build, and they're already looking for sites.

1:03.5

Well, the move has thrown the global car industry into turmoil, and it is in many cases an industry

1:08.7

whose supply chain can span several countries.

1:12.1

Germany and France described it as very bad news.

1:15.6

Japan said it was considering appropriate countermeasures.

1:18.8

And shares in car and car park manufacturers have fallen in both Europe and Asia.

1:23.9

And Canada's new Prime Minister, Mark Carney, called to taras a direct attack on Canadian workers.

1:29.7

You know, this will hurt us.

1:31.7

But through this period, by being together, we will emerge stronger.

1:36.9

I think what's happened over the course of the last several months, Canadian workers, Canadians as a whole across this country,

...

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