
Donald Trump has announced to impose 25% tariff on important cars, which is likely to have a huge impact on America’s Auto Industry and customers. Experts say that if this tariff is applied, the prices of Imported Cars may rise to $ 12,500. This will have a direct impact on Indian and Japanese automobile companies, which keep their large part in the American market. Large shares like Tata Motors, General Motors, and Sona BLW have seen a huge decline. What will be the effect on India’s Auto Industry? Will Indian companies have to search for new markets? Watch video to know!