New Car, Tariffs
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Tariffs on imported vehicles took effect Thursday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousands...
From The New York Times
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war t...
From Reuters
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Ande...
From Reuters
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President Donald Trump’s sweeping tariffs, threatening to upend decades of globalization, included 25% tariffs on cars and car parts, hitting the auto industry hard.Tariffs will raise the cost of making vehicles significantly.
Ford Motor is leaning into the tariff moment with a new ad campaign that highlights its American-made vehicles and extends its employee discounts to the wider buying public. The campaign, dubbed “From America,
That’s happening as the automotive industry is already phasing out some of its cheapest new vehicles. Specifically, the last two new models with starting prices under $20,000 could soon be gone, according to Car and Driver.
A 25 percent tariff on imported vehicles is expected to push more buyers toward used cars.But used-vehicle supplies are still low, due in part to reduced production during the COVID-19 pandemic.While used-car prices will rise,