Trump, tariffs and automakers
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Fast Company |
EVs, as well, could see price increases that “exceed $15,000.”
CNN |
President Donald Trump declared a US economic emergency and announced tariffs of at least 10% across all countries, with rates even higher for 60 countries or trading blocs that have a high trade defi...
Reuters |
Governments around the world pledged counter measures on the U.S. after President Donald Trump unveiled on Wednesday a new baseline 10% tariff on goods from all countries plus reciprocal tariffs on t...
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Hyundai Says 'No Price Hike' Despite Trump’s 25% Tariff on ImportsHyundai Motor President José Muñoz has drawn a line, stating that the company has no plans to raise car prices in the U.S. in response to President Donald Trump's 25% tariff on imported vehicles. Muñoz made this statement during a media day event at the 2025 Seoul Mobility Show in South Korea.
Some Americans have rushed to buy cars ahead of potential price hikes tied to Trump's tariffs. Experts share advice on whether buying now is the right move.
The White House says President Trump's trade policy will come to a head on April 2, when the administration unveils a plan for reciprocal tariffs. Why it matters: The new tariff regime will take aim at trading partners that officials believe treat domestic exporters unfairly.
KCRA 3’s money expert Kelly Brothers said while the specifics of some of the tariffs are in flux, they will impact some companies and consumers more than others. Sign up for our Newsletters About 50% of cars from automakers Toyota,
U.S. President Donald Trump last Wednesday announced sweeping 25% tariffs on cars "not made in the U.S.," sending shockwaves through global automakers.
Tariffs raise business costs, impacting companies that rely on imported materials. Some firms pass costs to consumers, while others absorb them, affecting investment and jobs. Manufacturing in the US may increase,
UK government mulls response to Trump's tariffs as global markets slide The UK is braced for more market chaos on Friday as the government considers its
The stock market fell significantly on Thursday after President Donald Trump’s “Liberation Day” announcement. Trump began his “Liberation Day” announcement after 4 p.m. on Wednesday, when markets closed for the day,
President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.