Trump, 25 tariff
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Newsday |
A new tariff on foreign-made vehicles set to go into effect Thursday could hit Long Island drivers in their wallets, but experts say consumers looking to buy or trade in a new car should exercise due...
The New York Times |
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.
NBC News |
NBC News’ Garrett Haake spoke to a car dealership owner and auto worker in Michigan about how they expect to be impacted by the tariff.
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U.S. President Donald Trump's administration on Wednesday confirmed that his 25% global car and truck tariffs will take effect as scheduled on Thursday and that duties on automotive parts imports will be launched on May 3.
One manufacturer told NBC News that she had managed to push the existing 45% duty on her products onto American customers.
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.
Economists expect President Donald Trump's tariffs to drive up the cost of buying both new and used cars, as well as auto repairs.
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.
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While auto manufacturer stocks fell following Trump’s tariff move, shares of auto parts retailers like Raleigh-based Advance Auto Parts saw a boost last week as investors predicted more drivers may invest in maintaining their current vehicles longer rather than purchase more expensive new cars.
Walking through a Michigan plant past whirring robotic arms and flying sparks, Swamy Kotagiri, the CEO of Canada-based auto supplier Magna reflected on how he is trying to "control the uncontrollable" in the midst of industry-shaking tariffs.
President Trump has suggested his impending 25% tariffs on foreign vehicles and auto parts could be avoided by those who buy cars made entirely in the United States. The only problem: There aren’t any.
President Trump announced a 25% tariff on auto imports to the United States.The tariffs apply to all cars and light trucks manufactured outside the United States, as well as certain auto parts. The automaker market,