United States President Donald Trump announced Friday that tariffs on imported automobiles will take effect around April 2. The announcement follows Trump's recent executive order on reciprocal tariffs, which aims to match foreign duties on US exports.
During a signing ceremony for multiple executive orders in the Oval Office, Trump also warned BRICS nations against efforts to undermine the US dollar's dominance.
Moreover, the president stressed that such action would lead to additional tariffs while asserting that the idea of undermining the dollar is no longer viable.