Trump, the tariffs
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Prices will likely increase on products sold by U.S.-based companies as they pay taxes on imported foreign goods, though it’s not immediately clear which prices would be directly impacted or how each...
From Forbes
Last week, the carmaker said that U.S. tariffs and any counter-tariffs would have negative consequences for growth and prosperity in the U.S. and other economic areas.
From Reuters
President Donald Trump’s array of tariffs will increase new-car prices anywhere from $5,000 to $15,000, according to Wedbush analyst Dan Ives.
From MarketWatch
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Auto workers expressed uncertainty and hope outside a Stellantis assembly plant in central Mexico that is scheduled to begin a month-long pause in production.
The White House will unveil automotive tariffs this afternoon, White House press secretary Karoline Leavitt said at a press briefing. The scale and scope of the tariffs remain unknown, but the White H
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NewsNation on MSNAuto execs making last-ditch tariff appeal to the White HouseThe heads of auto companies Ford, GM and Stellantis are making a last-minute effort to appeal to the White House, NewsNation has learned.
The UAW shares that goal and has backed the auto duties. But executives, analysts and economists have warned the actions could quickly hamper auto production, wipe out profits and add thousands of dollars to the cost of new vehicles,
President Donald Trump will announce tariffs on the auto industry on Wednesday, according to the White House, a move that would escalate his fight with global trading partners ahead of a broader tariff push next week.
Trump has historically opposed unions, though he has courted union voters through his focus on U.S. manufacturing across his political campaigns.
"Mercedes-Benz continues to seek sales growth for its highly desirable vehicles," the company said in a statement to Reuters.
Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive.
Trump has for weeks trumpeted April 2 as a "Liberation Day" that will see dramatic new duties that could upend the global trade system, with a White House Rose Garden announcement scheduled for 4 p.m.