Trump, Tariffs and auto imports
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Zhang and other auto parts suppliers say that the tariffs will most likely be shouldered by American consumers and that they won’t bring manufacturing in their industry back to the United States.
From NBC News
U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise price...
From Reuters
Republicans have watched with some unease as the president's attempts to remake global trade have sent the stock market downward, but they have so far stood by Trump's on-again-off-again threats to l...
From Yahoo
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President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
President Donald Trump’s 25% tariff on US auto imports took effect shortly after midnight in Washington in a move expected to dramatically increase costs and upend industry supply chains.
2don MSN
President Donald Trump announced last week that he will impose a 25% tariff on imported passenger vehicles, light trucks and some auto parts. After signing the order last week, Trump said the auto tariff would go into effect on Wednesday, April 2 and begin to be collected on Thursday, April 3.
The president’s new tariffs on imported vehicles and his plans to kill a popular tax credit will likely torpedo demand for vehicles made by American workers.
Experts say consumers looking to buy or trade in a new car should exercise due diligence to help mitigate costs.
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With vehicle prices expected to rise sharply as a result of Trump's auto tariffs, many consumers are rushing to make purchases before the tariffs take effect.
South Korea said it will provide "emergency support measures" for industries, such as automobiles, that are bracing for the U.S. tariffs announced by President Trump Wednesday. "Given that the gravity of a global tariff war has now become a reality,
Trump is planning to enforce 25% tariffs on the auto industry, so why is Tesla cruising while others are in a spiral? Here's what to know.