Donald Trump, auto tariffs and Car
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Insurify: The national average cost of full-coverage car insurance could increase by 8% by the end of the year with the tariffs in effect.
Automakers including Honda Motor Co. and Hyundai Motor Co. posted higher first-quarter auto sales in the US as the threat of price hikes from President Donald Trump’s tariffs drove consumers to showrooms.
Japan’s Prime Minister Shigeru Ishiba says his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect thi
TOKYO (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Tuesday Tokyo will continue to push strongly for the United States to exempt Japan from auto tariffs. In a news conference, Ishiba also said the government will take measures, as needed, to cushion the blow to the economy and jobs from higher U.S. tariffs.
We're talking with people in the auto industry as they prepare for tariffs to be imposed on what President Donald Trump is calling 'Liberation Day'.
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1don MSN
President Donald Trump announced last week that he will impose a 25% tariff on imported passenger vehicles, light trucks and some auto parts. After signing the order last week, Trump said the auto tariff would go into effect on Wednesday, April 2 and begin to be collected on Thursday, April 3.
South Africa, whose exports of vehicles and parts into the United States is estimated at over $2 billion, could take a severe hit from a planned tariff of 25% on automobile imports unveiled last week by U.S. President Donald Trump.
U.S. stocks tumbled in early trading on Tuesday, just a day before President Donald Trump's expected announcement of sweeping new tariffs. The Dow Jones Industrial Average fell 250 points, or 0.6%, while the S&P 500 declined 0.