BREAKING: Donald Trump body slams the struggling American economy by announcing a 25% tariff on all automobiles coming into the United States — setting the stage for even more price hikes and stock market dips. MAGA is running America right into the ground... "If you build your car in the U.S., there's no tariff," Trump said, adding that he thinks that this new disastrous policy will force auto companies to build new sites in the United States or expand on existing ones. Worst still, he said that the tariffs will go into effect on April 2nd — next week — and will be "permanent." The stock of American automakers tanked in after-hours trading after Trump made his harebrained announcement with Ford Motor shares dropping by 2%, General Motors by 2.3%, and Stellantis by 3%. If you were planning on buying a car anytime soon, Trump just reached right into your wallet and snatched out a thick wad of cash. This is what happens when you elect a conman who has spent his life declaring one bankruptcy after another. He has no idea how to run a company and even less of an idea how to run a country.