Latest in Auto Tariffs Take Effect, Putting Pressure on New Car Prices
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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 -
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 - 21h -
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 -
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 -
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 - 22h -
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 -
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 - 5d -
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 -
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 - 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 - 19h -
US car dealers fret as Trump’s tariffs set to take effect
Threat of levies has led to robust sales but analysts expect business to plummet as they begin to hitFinancial Times - 2d -
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 - 1d -
Why tariffs could push car prices even higher
Tariffs will likely push car prices past the record highs seen in recent years.CNBC - 6d -
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 - 5d -
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 - 14h -
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 -
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 - 21h -
Trump Says His Tariffs Will Take Effect Wednesday
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.The New York Times - 2d -
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 25% auto tariffs are in effect. What investors need to know
CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.CNBC - 1d -
Trump's new tariffs set to go into effect amid widespread job cuts
President Donald Trump is set to unveil his long-promised reciprocal tariffs on foreign adversaries and allies that are set to go into effect immediately once they are announced on Wednesday. It ...NBC News - 2d -
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 -
Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans
Canned beer imports will be subject to a 25% tariff, putting pressure on Constellation Brands' bottom line.CNBC - 1d -
Trump’s tariffs are a ‘negotiating tool’ and won’t be in effect ‘long term’: Republican lawmaker
Rep. Mike Lawler (R-N.Y.) says he believes President Trump’s tariffs could be an “effective negotiating tool.” Rep. Lawler also discusses the legislation he co-sponsored to allow new parents to ...NBC News - 19h -
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.The New York Times - 17h -
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 -
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 -
Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs
Shares of some of the world's biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.CNBC - 3h -
Grocery Shoppers Will Feel the Tariffs First in Produce
Higher prices could also be coming soon for seafood, sugar and coffee. But it may be a while before importers and retailers can gauge the effects of the new fees.The New York Times - 14h -
Morning Report — Trump, GOP stress tests take center stage
In today’s issue: It’s a big week by Washington’s yardstick. Will President Trump’s new tariffs, scheduled to take effect Wednesday, weaken U.S. growth? Will Wisconsin and Florida election ...The Hill - 3d -
While Competitors Contend With Tariffs, Ford Is Cutting Prices Even Deeper
The auto company has rolled out a promotional program to all U.S. shoppers.Inc. - 22h -
U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act.CNBC - 18h -
Chinese manufacturers warn of price hikes after tariffs
A manufacturer in China that makes apparel for the American market is warning of a price increase after President Trump’s announcement on tariffs. NBC News' Janis Mackey Frayer visits one of the ...NBC News - 15h -
‘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 -
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 - 4d -
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 - 5d -
Morning Report — Trump unpacks tariffs; voters speak in two states
In today’s issue: It’s the moment of truth for President Trump’s long-teased global trade agenda. He’ll describe new U.S. tariffs and international products to be targeted as levies take effect ...The Hill - 2d