Trump is following through on his campaign promises by expanding tariffs on both U.S. allies and rivals, escalating an already growing trade war.
Breaking News: Trump Announces New Auto Tariffs, Expected Around April 2
Breaking News: Automakers Hit Pause but Prepare for Uncertain Tariffs
Automakers and suppliers are holding off on significant spending decisions until they have more clarity on how trade rules will evolve.
Breaking News: U.S. Tariffs Hit Automakers and Suppliers, Threatening to Bring North American Auto Production to a Screeching Halt
A 25% tariff on most U.S. imports from Canada and Mexico could halt assembly and parts plants across all three countries within a week, making production unsustainable due to tight industry margins
Breaking News: U.S. Appeals Court Overturns Biden Administration's Car-Buying Consumer Rules
Breaking News: President Trump Pledges to Save Automotive Industry and How This Will Impact America
On January 20th, The White House published an executive order containing many policy changes that will impact the automotive industry.