There is no such thing as an all-American car. That’s why tariffs could raise all car prices
President-elect Donald Trump’s vowing to protect American-made cars through steep tariffs on imports. The problem is, there is no such thing as an all-American car.
Trump’s Tariff Plan Threatens Higher US Gasoline Prices
US motorists should brace for a hike in gasoline prices under the incoming Trump administration plans to slap tariffs on imports of products from Canada and Mexico.
Trump Tariff Fears Hit Auto Stocks
General Motors, Ford and Stellantis shares slid Tuesday after President-elect Trump threatened 25% tariffs on all imports from Canada and Mexico. The move by the new administration would likely stop American car demand in its tracks,
Trump’s tariff pledge could impact the U.S. automobile industry
President-elect Donald Trump pledges to impose 25% tariffs on imports from Canada and Mexico. CNN’s Vanessa Yurkevich explains what this means for the automobile industry in the U.S.
'Trump tariffs may backfire on US auto firms' - Nov 27, 2024
Flavio Volpe, President of the Automotive Parts Manufacturers’ Association of Canada says President-elect Trump's tariffs are likely to hurt both sides. He says US companies involved in the auto supply chain are likely to be hit as hard as their Canadian counterparts.
Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would get more expensive.
Cars Are About to Get Even More Expensive Thanks to Trump's Tariffs
Trump's threatened tariffs will hit the bottom line of U.S. automakers importing vehicles, and experts say that cost will no doubt be passed on to customers.
GM and other US automakers would take big hit from Trump tariffs
By Cassandra Garrison, David Shepardson, Ben Klayman MEXICO CITY/DETROIT (Reuters) -U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.
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