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.
Category: Trump, Donald J
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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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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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Trump Threatens Europe and Canada if They Band Together Against U.S.
In a late-night social media post, the president said he would impose “large scale” tariffs if Canada and the European Union allied to “do economic harm” to America.
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Trump Announces 25% Tariffs on Imported Cars and Car Parts
The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.
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Stocks Slump Ahead of Trump’s Auto Tariffs
Carmakers’ declines extended in after-hours trading upon the news of 25% tariffs on imported vehicles. The drop reflected concerns about inflation.
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How Trump’s Auto Tariffs Could Affect Car Prices
Experts say tariffs could soon drive car prices up by several thousand dollars and limit production.
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Trump to Announce Tariffs on Foreign Cars
The president is expected to announce tariffs on foreign cars on Wednesday, a measure that could bring car factories to the United States but raise prices for consumers.