Trump’s Tariffs Could Crush US Auto Industry — And Nearly Half Of American Consumers With It
New tariffs could disrupt more than $300 billion USD in annual US automotive trade with Canada and Mexico. Vehicle costs might rise by $4,000 USD (~$6,000
America’s automakers aren’t rushing to move production to US factories to avoid tariffs
President Donald Trump has said that automakers can avoid his tariffs by simply moving production to American plants. But it’s not that easy. Not by a long shot.
Auto industry's long product cycles clash hard with Trump's tariff timelines
The auto industry invests billions of dollars years ahead of products based on DC policy. That's why Trump's changes could create chaos for carmakers.
US to exempt auto industry from tariffs ‘for one month’
US President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House has said. The temporary reprieve follows representations from industry leaders who warned of the negative impact of tariffs on their costs and supply chains.
From food to cars: What Americans could pay more for from Trump’s steel and aluminum tariffs
The typical American consumer is highly unlikely to purchase raw steel or aluminum on their own. That might lead them to believe their wallets are shielded from the 25% tariffs President Donald Trump levied on the two metals with no exemptions or exceptions on Wednesday.
Trump Tariffs Already Causing Nightmares To North-American Auto Industry
American automakers and their suppliers scramble as they try to make sense of the manufacturing complexity surrounding the trade war.
Trump grants auto tariffs exemption, stocks surge
U S stocks rallied on Wednesday after President Donald Trump announced a one-month exemption for automakers from his new tariffs on Mexican and Canadian imports. The move relieved
Motor1.com on MSN12d
Tariffs Could Wreck the US Auto Industry. Here's How
M arch 4 is when President Donald Trump pledged to levy tariffs of 25 percent on goods imported to the United States from ...
Just Auto2d
How US trade tariffs could ripple higher costs through the US auto industry
Beyond new vehicle costs, the impact will ripple through the broader automotive market. The cost of vehicle repairs will rise ...
Trump tariffs on Canada, Mexico, and China expected to spike US auto and energy costs
Everything from automobiles to energy to electronics and new construction will see cost increases now that President Donald ...
The Columbian12d
US auto industry could be collateral damage in Trump’s trade wars
DETROIT (AP) — President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry. If the president goes ahead with 25% taxes on imports from ...
Baton Rouge Business Report12d
Dissecting the potential impact of tariffs on the US auto industry
After a month’s reprieve, the U.S. autos industry is again staring down 25% tariffs on imports from Mexico and Canada, levies that would inject costs into the industry’s highly integrated North ...
Corning's pioneering glass technologies are leading the automotive industry
In recent years, Gorilla Glass has been famously used for both the windshield of the Jeep Wrangler and the rear window of the ...
Tesla urges overhaul of Trump tariffs hurting EV industry
Tesla's letter to the USTR is notably unsigned, despite CEO Musk's close allyship with Trump as a senior advisor in his administration—suggesting Musk may be hesitant to directly criticize Trump's ...
CBT News1d
Auto industry tariffs face 50% risk of extended disruption, S&P Global warns
S&P Global Mobility warns the ongoing global tariffs now have a 50% chance of causing an extended period of production ...