Latest in 'It's going to get worse': US car buyers brace for sweeping auto tariffs
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Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.The New York Times - 1d -
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.The New York Times - 1d -
Tariff-wary buyers scoop up vehicles before the 'storm' hits car prices
Consumers are hitting the gas on car purchases to head off expected price hikes from Trump’s new tariffs, which threaten to reverse recent momentum in auto sales.NBC News - 1d -
Car Tariffs Are Coming. For Some Buyers, That Was a Reason to Act.
“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.The New York Times - 4d -
Which car brands will be impacted most by Trump's 25% auto tariffs?
These automakers are the most and least exposed to President Trump's sweeping tariffs on automobiles.CBS News - 3d -
Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.
The president said he “couldn’t care less” if automakers raised prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.The New York Times - 4d -
Investors brace for sweeping Trump tariff announcement
Trading on Wall Street volatile as US president prepares to escalate trade war on ‘liberation day’Financial Times - 1d -
With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren’t optimistic.The New York Times - 4d -
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.The New York Times - 16h -
Trump expected to announce new sweeping tariffs on April 2
Ahead of President Trump’s promised tariff announcement on April 2, details on the specifics are still scant. The president has already announced a 25% tariff on imported cars and auto parts. NBC ...NBC News - 3d -
Nations braced for Donald Trump’s ‘Liberation Day’ levies
US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme CourtFinancial Times - 4d -
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.CBS News - 18h -
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 18h -
Analysts: Trump tariffs 'worse than the worst case scenario' for tech investors
Analysts described President Trump’s latest slate of tariffs Wednesday as “worse than the worst case scenario” for tech investors. Trump announced a sweeping 10 percent tariff on goods from all ...The Hill - 1d -
US tariffs on imported autos start as markets reel from Trump's trade escalation
International markets reeled from President Donald Trump's announcement hours earlier of even more sweeping tariffs set to begin later this week and next.ABC News - 1d -
UAW president stresses ‘excess capacity’ in US amid tariffs, auto layoffs
United Auto Workers (UAW) Shawn Fain stressed that there is an “excess capacity” in the auto industry within the United States amid President Trump’s tariffs and layoffs at certain manufacturers. ...The Hill - 10h -
GM's first-quarter U.S. vehicle sales lead industry as automakers brace for tariffs
General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs ...NBC News - 2d -
Should you buy a new car before auto tariffs take effect?
Tariffs are expected to hike prices by thousands of dollars per vehicle.ABC News - 5d -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 18h -
Trump announces sweeping new tariffs, upending decades of US trade policy
President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’. Business live – latest updates Donald Trump announced sweeping ...The Guardian - 1d -
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key ...The Hill - 1d -
California auto racing prodigy uses car to help kids with autism
Cameron Carraway goes from zero to 60 in the blink of an eye. He doesn't flinch, doesn't hesitate, and he doesn't have a license yet.CBS News - 16h -
Canada announces 25 percent tariff on non-USMCA compliant US auto imports
Canadian Prime Minister Mark Carney announced Thursday his country will impose 25 percent tariffs on U.S. auto imports that do not comply with the U.S.-Mexico-Canada Agreement (USMCA) on free ...The Hill - 18h -
Apr 3: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leadersCBS News - 11h -
Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.The New York Times - 4d -
Trump Auto Tariffs: How Major Car Brands Would Be Affected
The scale of the damage depends on the circumstances of each company’s supply chain.The New York Times - 6d -
Ford Offers Discounts on Cars and Trucks as Auto Tariffs Kick In
The company said it would offer customers the same prices it offers its employees on most of its vehicles.The New York Times - 21h -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 2d -
Trump’s tariffs: how might Europe respond to unleashing of trade war?
Bloc’s options include retaliating with tariffs on US goods and services and forming closer ties with other countries. Donald Trump is getting ready to impose sweeping and immediate tariffs on ...The Guardian - 1d -
Renewable Energy Sector Braces for Trump Tariffs
The components used to assemble wind turbines are made by suppliers around the globe.The New York Times - 1d -
What Trump's sweeping tariffs mean for the US economy and you?
The tariffs will be a 'huge, huge shock to the economy,' one expert said.ABC News - 17h -
‘Europe’s Detroit’ is expected to suffer the most from Trump’s auto tariffs
Nicknamed the "Detroit of Europe" due to its thriving automotive industry, Slovakia produces more cars per capita than any other country in the world.CNBC - 2d -
For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
President Donald Trump's auto tariffs will most likely be shouldered by American consumers, Chinese auto parts suppliers say.NBC News - 1d -
Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney
Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade deal. Canada will retaliate against “unjustified, unwarranted” tariffs imposed by the ...The Guardian - 20h -
World braces itself as US tariff ‘liberation day’ draws near
No one knows what Trump will do — and at this moment that includes the president himselfFinancial Times - 4d -
Europe braces for flood of Chinese goods after US tariffs
EU officials ready emergency measures to prevent onslaught of discounted products in ‘economic nightmare’Financial Times - 9h -
How Trump’s ‘Liberation Day’ Tariffs Might Go Down
The president is set to announce details of his sweeping tariffs, as companies and global trading partners scramble to respond.The New York Times - 1d