Trump floats 100% tariff on Barbies while his UK trade 'deal' shields super-luxury cars like Rolls-Royce [View all]
Source: CNN
Trump floats 100% tariff on Barbies while his UK trade ‘deal’ shields super-luxury cars like Rolls-Royce
By Matt Egan and Chris Isidore, CNN
4 minute read
Published 11:24 AM EDT, Fri May 9, 2025
New York (CNN) — Even as President Donald Trump pushes a message of self-sacrifice when it comes to how many dolls American children should own, his administration’s first trade “deal” includes a carveout for cars – luxury ones.
Trump on Thursday hailed the fact that the US-UK framework for trade talks calls for lowering tariffs on UK cars, saying it wasn’t his intention to persuade “super-luxury” brands including Rolls-Royce, Bentley and Jaguar to build cars in the United States.
According to a fact sheet shared by the White House, the Trump administration has already agreed to lower tariffs on the first 100,000 UK vehicles imported into the United States each year to 10%. Additional vehicles face a 25% tariff.
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During the same event, Trump floated slapping a 100% tariff on toys made by Mattel and attacked the company’s CEO after the Barbie and Hot Wheels maker said its toys couldn’t be manufactured in America and still be sold at affordable prices.
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Read more: https://edition.cnn.com/2025/05/09/business/trumps-trade-deal-luxury-cars-rolls-royce-bentley-jaguar