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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 - 9h -
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 - 23h -
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 - 7h -
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 -
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 -
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 -
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 - 9h -
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 -
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 -
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’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 - 3d -
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 -
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 - 1d -
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 -
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 - 1d -
Trump's 25% auto tariffs are in effect. What investors need to know.
DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry will play out ...NBC News - 11h -
Eric Trump: Countries that rush to negotiate trade deal with US ‘will win’
Eric Trump, one of President Trump's sons, advised the many countries that will face new tariffs on goods imported to the U.S. to act quickly to negotiate with his father. "I wouldn’t want to be ...The Hill - 13h -
What tariffs could mean for US workers, consumers and the economy
President Trump’s Wednesday tariff announcement was larger in scope than many businesses and policy analysts were predicting, with the imposition of a 10 percent general tariff on imports to the ...The Hill - 5h -
‘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 - 1d -
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 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 - 3d -
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 - 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 - 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 - 3h -
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 -
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 -
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 - 2d -
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 - 1h -
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 - 3d -
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 - 2d -
Tech group CEO: Trump tariffs will 'drive inflation,' 'kill jobs'
The head of the Consumer Technology Association (CTA) warned that President Trump’s sweeping tariffs will “drive inflation” and “kill jobs,” risking a recession in the U.S. Trump announced his ...The Hill - 14h -
'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 - 1d -
Stellantis halts production at assembly plants in Canada, Mexico after Trump auto tariffs
Stellantis, a multinational auto manufacturer, told employees Thursday it would temporarily pause production at assembly plants in Canada and Mexico amid the onset of President Trump’s tariffs, ...The Hill - 11h -
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 - 1d -
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 - 4d -
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 - 1d