Trump, tariffs and imported cars
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The White House says these tariffs will foster domestic manufacturing and raise $100 billion in revenue annually, but economists stress that straining the auto industry's global supply chain brings s...
From Yahoo
President Trump said on Wednesday that he would impose a 25 percent tariff on cars and car parts that were imported into the United States, a move that is likely to raise prices for American consumer...
From The New York Times
US tariffs could have a huge impact on the UK economy, with the government's official forecaster estimating that in a worst case scenario trade taxes could reduce economic growth by 1% and wipe out Ra...
From BBC
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The number of vehicles being repossessed has surged to levels not seen since the aftermath of the 2008 financial crisis, affecting buyers from all over the spectrum; from the Nissan Kicks to the latest supercars. This likely signals growing financial distress among Americans amid continued high interest rates and vehicle prices.
Analysts say brands such as Lexus, Toyota, Honda and Subaru are likely to be among the first to face higher costs.
Looking to save money at the pump? These are the most fuel-efficient new cars, tested in real-world conditions by Consumer Reports.
Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would rebalance U.S. trade relationships. Trump's plan for reciprocal tariffs next week, however, is expected to be narrower than he previously vowed, though the plan remains under discussion, sources told ABC News this week.
President Donald Trump announced on Wednesday that 25 percent tariffs will be imposed on all imported cars and some foreign-sourced automobile parts.
CR reveals the SUVs, cars, trucks, and vans that owners love most, based on member surveys, and the most and least satisfying models in their class.
Trump's auto tariffs are expected to hit virtually all automakers, including American companies that assemble cars in the U.S.