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How auto tariffs could affect the car buying process

President Donald Trump said the executive order on automobile fares will lead to “risky growth” at a press conference. Consumers should not compete with dealers to buy cars in hopes of cleaning the president Donald Trump's New tariffs on automobile imports, industry experts say. Brian Moody, executive editor at Autotrader, said it was not wise […]

Trump Floats Cutting Tariffs On China To Salvage TikTok Deal

President Donald Trump said Wednesday that reducing Chinese tariffs could help promote forced sales of Tiktok just days before the app's looming US ban deadline. The Chinese-owned platform, used by around 170 million Americans, faces an April 5 shutdown unless Beijing sells green lights to US buyers. Trump said he was willing to expand the […]

Brazil president on Trump tariffs: 'Protectionism does not help any country in the world'

Brazilian President Luis Inacio Lula da Silva criticized the Trump administration's approach to global trade on Thursday, saying that globally announced tariffs on global automobile imports are likely to harm all the economies involved. “This protectionism will not help any nation in the world,” Lula added through an interpreter that President Trump is the leader […]

Trump threatens tariffs 'far larger than currently planned' on EU, Canada

President Trump on Thursday threatened to impose major tariffs on the European Union and Canada if he worked with the US as an escalating trade war with his two allies continues. “If the European Union collaborates with Canada to cause economic harm to the US, large tariffs that are far larger than planned will be […]

Canadian PM Mark Carney Brands Trump’s Auto Tariffs as ‘A Bold Assault’

Canadian PM Mark Carney calls Trump's new auto tariffs 'a direct attack'

Canadian Prime Minister Mark Carney responded strongly to President Trump’s recently introduced 25% tariffs on automobile imports from abroad, labeling it a “direct assault” on Canadian employees and asserting that the US’s northern neighbors will eventually “come out stronger.” “This is a direct assault, and to clarify, it’s a direct assault on the very worker […]