In a significant move amidst a developing trade war, President Trump has announced a 25% tariff on imported vehicles and parts, including those from Canada. This announcement comes as part of his ongoing efforts to adjust imports and protect the American auto industry. The tariffs have drawn immediate backlash from business associations, which argue they could harm rather than help the industry. Meanwhile, EU leaders, including President von der Leyen, have vowed to protect their interests in light of these tariffs. As the situation unfolds, market uncertainties continue to grow, putting pressure on the auto sector and raising questions about the future of U.S. trade relations.