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Trump, tariffs and auto imports

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Analysts have warned that the automakers will likely pass at least some of the tariff costs to the consumer.
From New York Post
President Trump says his administration is going to work out trade deals with the countries which have approached him after he announced a sweeping tariffs package last week.
From Yahoo
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Com...
From Reuters

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Trump's Auto Tariffs Are Here And It's Hard To Know What Is Next For The U.S. Auto Industry
P resident Donald Trump shook up the auto industry with his 25% tariff on all foreign-made vehicle imports that went into effect last week. Trump's tariffs will expand to imported
Trump’s tariffs to cost US automakers $108B — slamming Big Three: study
President Trump’s stiff tariffs on foreign auto imports will cost US carmakers nearly $108 billion — with Detroit’s Big Three getting slammed the hardest despite having plants in the states, according to a study.
Trump tariffs: How will it impact the auto industry?
The auto industry is in a state of uncertainty as consumers and manufacturers alike grapple with the recently implemented 25 percent tariffs on all imported vehicles
Trump says tariff pause allows time to negotiate deals
President Trump says his administration is going to work out trade deals with the countries which have approached him after he announced a sweeping tariffs package last week. This comes as his budget deal,
Trump’s Tariffs: Has He Backed Down?
Trump hikes China tariffs to 125% while cutting others
Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China.
Trump trade war with China revives recession, bear market fears
President Donald Trump's trade war rattled global markets anew on Thursday as stocks and oil prices sank amid fears China may once again respond in kind with higher tariffs to match the latest levies imposed by the United States.
Trump's tariffs threaten to end quarter-century era of cheap goods for U.S. consumers
President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
How could President Trump’s 25% foreign auto tariff impact WA drivers? Experts explain
The tariff could impact thousands of drivers across the region who are not only looking for a new vehicle, but also who may need repairs.
Trump's 25% auto tariff to impact North Texas car prices and insurance
President Trump announced this week that a 25% tax will be tacked on to all auto imports starting April 3, as part of his plan to rebuild America's manufacturing base. For John Graff, it's the reason he's buying a car today instead of waiting.
Ford CEO Jim Farley goes on Fox to get Trump's attention on tariff impact
Ford CEO Jim Farley told Fox that Ford can tolerate tariffs, there are even some benefits, but only if details on parts get sorted out.
Mexico Aims to Raise Auto Tariff Exemptions, Trade Official Says
Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said.
UBS downgrades GM as Trump tariffs hit sales and raise costs
UBS downgraded GM to Neutral from Buy and lowered its price target to $51 from $64, claiming tariff impact will result in weaker sales and higher costs.
Why Trump tariffs, supply issues could make spring and summer the worst times to buy a car
President Donald Trump's tariff announcements are wreaking havoc on the auto industry. Here's why car buyers should approach the market cautiously.
Trump tariffs live updates: Stocks surge after president announces 90-day pause for most countries
President Donald Trump announced a 90-day pause on all tariffs except for those against China, which he said would now rise to 125%.
South Korea Announces Emergency Support for Auto Sector Against U.S. Tariffs
South Korea’s government has announced emergency support measures for the country’s auto sector to help ease the impact of U.S. President Trump’s tariffs.
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