Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories

Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories

A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
Global Automakers React to Trump’s 25% Tariff on Imported Cars

Global Automakers React to Trump’s 25% Tariff on Imported Cars

Ignoring diplomatic efforts and investment pledges, President Trump said he would impose tariffs that are expected to deal a blow to American neighbors and allies in Asia.
Tariffs Could Give Tesla and Musk a Leg Up on Rivals

Tariffs Could Give Tesla and Musk a Leg Up on Rivals

The company led by President Trump’s confidant Elon Musk builds all the cars it sells in the United States domestically and will be exempt from tariffs on finished vehicles.
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs

Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs

Hyundai already makes cars in the United States, in Georgia and Alabama.