The tariffs on autos will start being collected on Thursday and if the taxes are passed onto car buyers, the average ca
President Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet. Trump's sweeping new tariffs, on top of previou
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
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that’s nearly impossible.
President Donald Trump says he is placing 25% tariffs on auto imports, a move the White House claims will foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.
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.
Starting Thursday, a 25% tariff will be imposed on all imported vehicles in the country, with some exceptions on Canada and Mexico, which experts said could increase the cost of cars by thousands of dollars.
The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.