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Trump, Car and Tariffs

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Road & Track |
BMW declined to comment specifically on the tariffs but did stress its support for free trade and the desire to actively reduce tariffs.
Seattle Times |
U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend.
Reuters |
"We will fight the U.S. tariffs with retaliatory trade actions of our own that will have maximum impact in the United States and minimum impacts here in Canada," Carney said at a news conference.

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Here's How Automakers Are Reacting to Trump's 25% Tariffs on Imported Cars
The Trump administration's plans will have a massive impact on the car business in America.
From Repairs to Insurance, Trump's Auto Tariffs Could Make Owning a Car More Expensive
Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive
Japan, a car-making giant, mulls ‘appropriate’ response to Trump tariffs
A strong U.S. security ally with a large trade surplus, Japan has few options for retaliating against the tariffs. Instead, it is bracing for an economic hit.
Stock market today: Wall Street opens lower, threatening its gain for the week
U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend.
Stock Market Today: Wall Street Drops Following Discouraging Updates on US Shoppers and Inflation
U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend
Trump auto tariffs take aim at a pillar of Asian economies - and national pride
For Japan and South Korea, tariffs announced by U.S. President Donald Trump represent a blow to domestic car industries that are both economic pillars and sources of national pride.
Canada will respond to Trump auto tariffs with its own trade actions
The new levies on cars and light trucks will take effect on April 3, the day after Trump plans to announce reciprocal tariffs aimed at the countries responsible for the bulk of the U.S. trade deficit.
Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception
Automakers have spread out their supply chains and production facilities throughout North America. Parts and production steps often cross one or more borders during the process. That means it will cost the major automakers more money to build their cars and trucks.
Trump tariffs: 39 imported cars and trucks that are likely to see price hikes
Trump's new round of tariffs are likely to result in price hikes on wide swaths of cars and trucks, not just those assembled in Mexico and Canada.
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