Latest in Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars
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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 -
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 - 6h -
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 - 4h -
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 - 3d -
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 - 14h -
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 - 16h -
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 - 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 - 2d -
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 - 2d -
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 - 2d -
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 - 3d -
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 - 5d -
What Trump's new tariff announcement means for American consumers
President Trump announced plans to impose an across-the-board 10% tariff on all U.S. trading partners as well as higher tariffs for other countries. NBC News' Christine Romans breaks down what all ...NBC News - 11h -
Israel Says It Will Cancel Tariffs on U.S. Imports Ahead of Trump Announcement
The move was an apparent bid to ensure that Israel is exempt from new tariffs that President Trump plans to announce on Wednesday.The New York Times - 16h -
‘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 - 22h -
Trump and Tariffs Enter the Scene Only Days Into Canada’s Election Campaign
Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.The New York Times - 2d -
Trump tariffs jolt Asian automakers — Toyota likely set for most pain
U.S. President Donald Trump last Wednesday announced sweeping 25% tariffs on cars "not made in the U.S.," sending shockwaves through global automakers.CNBC - 2d -
Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?
As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.CNBC - 16h -
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 - 1d -
The White House’s mixed message on its tariff policy
Trump's tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to buy foreign goods at tariff-elevated prices, which is unlikely.The Hill - 1d -
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 1d -
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 - 9h -
There's no such thing as a fully American-made car
Trump has ruled out tariffs on vehicles built entirely in the U.S., but industry executives and analysts say there’s not a single one with all-domestic parts and assembly.NBC News - 2d -
Amazon tells White House it's interested in buying TikTok
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.CBS News - 13h -
Factory activity slumps as manufacturers brace for Trump tariffs
U.S. manufacturers are sounding worried about the Trump administration’s trade policies ahead of a hotly anticipated announcement on tariffs that’s expected from the White House on Wednesday. ...The Hill - 1d -
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 - 21h -
'Nowhere to absorb it': From consumer small business to big food CEOs, Trump tariff costs will hit wallets
President Trump's 'Liberation Day' tariffs on countries around the world will hit food and consumer businesses particularly hard, say CEOs in the sector.CNBC - 18h -
Trump discusses tariff impact on car prices, Signal group chat leak
Meet the Press moderator Kristen Welker joins Sunday TODAY’s Willie Geist to discuss her phone conversation with President Donald Trump about his tariff’s impact on the price of cars, his stance on ...NBC News - 3d -
Tracking cost of cars, trucks, groceries as Trump announces new tariffs
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.CBS News - 11h -
Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?The New York Times - 1d -
Morning Report — Wild week ahead: Trump tariffs, elections
In today’s issue: President Trump will shake up global trade again this week, add new pressures to a slowing U.S. economy and pay new attention Tuesday to voters in Wisconsin and Florida, who may ...The Hill - 2d -
Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign automakers ...The Hill - 22h -
Investors flee U.S. stocks as Trump's tariff plan shocks global markets
Global markets reacted sharply and swiftly after President Donald Trump revealed his much-anticipated tariff plans Wednesday, with investors fleeing U.S. stock indexes and stocks of companies that ...NBC News - 11h -
China urges U.S. to 'immediately' cancel reciprocal tariffs, vows countermeasures
U.S. President Donald Trump announced a baseline tariff of 10% on most imported goods from global trading partners.CNBC - 1h -
Exclusive: Liverpool To Buy Everton’s Goodison Park for Car Park and Megastore
Liverpool FC to Buy £45m Goodison Park in Bold Megastore and Car Park MoveIn a move that’s sure to spark fierce discussion across Merseyside, Liverpool FC are reportedly close to finalising a deal ...Yahoo Sports - 2d -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 12h
