“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.
Category: Automobiles
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Trump and Tariffs Enter the Scene Only Days Into Canada’s Election Campaign
Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.
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Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
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Xi Jinping Meets Global Business Leaders Amid Trade Tensions
German investment in China’s auto industry has been one of the few bright spots as foreign investment has slowed to a crawl.
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With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren’t optimistic.
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Trump’s Auto Tariffs Will Raise Car Prices, but Details Are Murky
Experts say the 25 percent import fee will make many cars more expensive, but it is not clear when, by how much or which models.
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Trump Auto Tariffs: How Major Car Brands Would Be Affected
The scale of the damage depends on the circumstances of each company’s supply chain.
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Rattled by Trump, America’s Allies Shift to Defense Mode
The new auto tariffs are straining relations with U.S. allies and deepening doubts about America’s reliability as a partner.
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Germany Says Europe Must Respond to Trump’s Auto Tariffs
The United States is a crucial export market for the German auto industry, which is already suffering from weak sales and increased competition from China.
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Auto Tariff Sticker Shock
President Trump’s vow to hit the global automotive industry with new duties risks raising inflation and inflaming trade-war tensions.
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Auto Stocks Tumble After Trump’s Tariffs Announcement
The U.S. levies are likely to disrupt the complex supply chains of major carmakers, hitting companies that export vehicles from Mexico, Canada Japan, South Korea and Germany.