Trump, Tariffs
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Chicago Sun-Times |
Spurred by the threat of rising car prices because of tariffs, Ricardo Rinconeño of Orland Park bought a 2025 Chevy Equinox last Friday.
USA Today |
Trump declared universal tariffs of 10% on imports from all countries and much higher levies on about 60 countries on Wednesday.
Wall Street Journal |
Carney said the tariff could raise up to 8 billion Canadian dollars, or the equivalent of $5.62 billion, which would be used to help workers and companies affected by the Trump tariffs.
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President Trump's 25% tariff on foreign cars prompted NJ residents to buy in advance of Thursday's deadline. But dealers fear pace will slow.
There’s nowhere to hide in the auto industry from President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields.
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WANE 15 on MSNShopping spree? Consumers rush to buy goods ahead of Trump tariffsPresident Trump's tariffs are expected to drive up prices, and some consumers are trying to get ahead of the action.
Automakers including General Motors Co. and Hyundai Motor Co. reported higher US auto sales as the threat of price hikes from President Donald Trump’s tariffs drove consumers to showrooms.
Car sales have surged at North Texas dealerships in recent weeks as buyers anticipate higher prices due to President Trump's new tariffs on auto imports. Why it matters: Tariffs could complicate the car market if they last longer than three months,
Brittany Humphries and her husband Jon Bassford are what sales people at car dealerships might call motivated buyers. The couple, who live in suburban Maryland outside Washington, DC, moved swiftly to lock in purchases this year to avoid the risk of paying thousands of dollars more once Trump administration policies on electric vehicles and tariffs fully kick in.
Some Americans have rushed to buy cars ahead of potential price hikes tied to Trump's tariffs. Experts share advice on whether buying now is the right move.
Americans will bear the brunt of President Donald Trump’s new tariffs, with price increases kicking in almost immediately on cars, clothing, electronics and some groceries.