How will Trump's auto tariffs affect car prices?
President Trump has imposed a 25% tariff on automobile imports. This is expected to raise the narrowing prices for American consumers and automakers relying on global supply chains. This tariff affects popular foreign brands such as Toyota and Honda, but American automakers such as Ford and General Motors also rely on imported parts to assemble […]
Trump’s 25% tariffs will hit these automakers the most
The coalition of Jeff Ferry, the prosperous American chief economist, is debating President Donald Trump's panic over the tariffs of “making money.” President Trump's tariffs on cars and auto parts will hit some automakers more than other automakers, especially among those with a lower proportion of US vehicles sold assembled outside the US. For example, […]
10 smart Amazon buys to make before Trump’s April 2 tariffs
New York Post may receive compensation or receive an affiliate committee if you click or purchase a link. Featured pricing is subject to change. You can't come here and hide it, ready or not. The tariffs have returned, and this time wallets are the target. On April 2, the US is expected to announce a […]
Even Fox News is spooked, Trump begins to grant temporarily exemptions after backlash to tariffs
Mara Gay, New York Times Editorial Board Member and Tim Miller, Host of The Bulwark Podcast join Nicolle Wallace on Deadline … source
End of an era for Canada-US ties, says Carney, as allies worldwide decry Trump’s car tariffs | Trump tariffs
The Canadian Prime Minister said the era of deep ties with the US is “end” as governments from Tokyo to Berlin and Paris skewed criticising Donald Trump's drastic tariffs on car imports and several threatening retaliation measures. Mark Carney warned Canadians that Trump had permanently changed relations and that he “will never return” regardless of […]
Mark Carney Declares ‘The End’ of the Old Canada-US Relationship Amid Trump Tariffs!
Prime Minister of Canada Mark Carney stated that the longstanding economic connections with the US are coming to a close, and Ottawa has committed to reacting “strongly” as President Trump’s new tariffs targeting the northern region and other nations “are no longer in play.” “With the advancement of our economy, our previous ties with the […]
Union Workers Praise Trump for Ending ‘Free Trade Disaster’ with Auto Tariffs
United Autoworkers (UAW) praised President Donald Trump's auto rates and thanked him for “stepping up to end the free trade disaster that has been destroying working-class communities for decades.” On Wednesday evening, Trump announced a 25% tariff on all car imports into the US market. This is a move to protect American employment and manufacturing, […]
5 questions about Trump's auto tariffs
President Trump escalated a trade war with his partners this week when he announced that he would impose a 25% tariff on foreign vehicles and auto parts. The president argued that tariffs encourage foreign car producers to move production to the US and boost American employment, but rebound from trading partners and hits in the […]
CNBC’s Jim Cramer ‘absolutely’ backs Trump on tariffs: ‘I hate free trade’
CNBC anchor Jim Kramer reiterated his support for President Trump's tariffs, keenly criticising free trade policies on Thursday, doubling his longtime opposition to the agreement that has enjoyed decades of support from American business and finance leaders. “I'm definitely a challenge. I hate free trade,” Cramer said. He said when he appeared on CNBC's “Squawk […]
Elon Musk’s Tesla has an advantage as Trump’s 25% auto tariffs hit
Elon Musk's Tesla will significantly boost key rivals in the automotive sector after President Trump imposes 25% tariffs on all foreign-made cars and auto parts, according to financial analysts. Tesla manufactures all electric vehicles sold in the US at its California and Texas plants. This is an important factor protecting mask pioneering companies from the […]