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Here’s What Trump’s Tariffs Could Do to U.S. Auto Industry

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CBS News |
President Trump's forthcoming tariffs on automobiles threaten to make cars more expensive, and some consumers are responding by heading to dealerships before the levies go into effect.
The Financial Times |
The US unveiled a baseline levy of 10 per cent with additional tariffs of up to 50 per cent on multiple trading partners, including the EU, Japan, Vietnam and Cambodia.
Reuters |
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Ande...

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How One of the Largest Auto Suppliers in the World Is Preparing for Trump's Tariffs
ST. CLAIR, Michigan (Reuters) - Walking through a Michigan plant past whirring robotic arms and flying sparks, Swamy Kotagiri, the CEO of Canada-based auto supplier Magna reflected on how he is trying to "control the uncontrollable" in the midst of industry-shaking tariffs.
Ahead of Trump's auto tariffs, some U.S. consumers are rushing to buy cars
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.
Auto tariffs are now in effect. What it means for America - and you
President Donald Trump’s auto tariffs, which went into effect at 12:01 am ET on Thursday, have the potential to upend a crucial American industry and raise the cost of tens of millions of cars sold every year across the country.
Bling, bags and booze fall victim to Trump’s trade war
Industry executives warn the biggest victim will be US consumers who will be paying more to buy everything from Adidas trainers to Modelo, the country’s top-selling beer. The US unveiled a baseline levy of 10 per cent with additional tariffs of up to 50 per cent on multiple trading partners,
President Trump announces tariff on foreign-made automobiles taking effect Thursday
President Trump announced a 25% tariff on all foreign-made automobiles. Those tariffs are set to go into effect Thursday.
New car prices are already soaring and tariffs could make them go higher
The average sticker price for a new car was just over $48,000 in February, but President Donald Trump's tariffs are expected to drive that cost up by several thousand dollars.
Auto tariff to cost US consumers more than $30 bln in first year, report shows
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.
Cars Were Already Unaffordable Before Tariffs
President Trump’s auto tariffs are about to give another boost to car prices that have already surged over the past four years. That will be an additional burden on household budgets.
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
Automotive Industry Trend Predictions - Artificial Intelligence, Supply Chain, Electrification
The future of mobility will be shaped by certain notable trends such as hyper-personalization, software-defined cars, and sustainable solutions.
Auto dealers, UAW local leaders brace for layoffs amid tariff war: ‘Writing’s on the wall’
Inventory levels are elevated at many dealerships, reflecting a slowdown in sales and a decrease in lease returns. While some industry experts believe car sales will persevere, others warn of production disruptions, price increases and potential layoffs if tariffs persist.
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