Trump’s Tariffs Could Cost US Auto Industry $33 Billion
President Donald Trump’s tariffs against Canada, Mexico, and China, could cost the American car industry upwards of $33 billion, analysts predict. Lower-income consumers are expected to feel the brunt ...
Car prices face $3,000 increase as tariffs hit auto sector
The tariffs could add $60 billion in costs, forcing automakers to adjust production and supply chains while impacting vehicle ...
US doesn't need Canadian energy or cars, says Trump
Speaking to business leaders in Davos, Trump also repeated his jibe that Canada could become a US state and would avoid ...
Trump’s tariffs would reverse decades of integration between US and Mexico
President Trump plans to impose 25% tariffs on Mexican products beginning Saturday as he looks to pressure the Mexican ...
Car prices face $4,000 increase as Trump tariffs hit auto sector
At the consumer end of the supply chain, the average price of a new car may climb by about US$3,000 (S$4,000), Wolfe Research analysts have said, further straining affordability with prices already ...