Tariffs, Auto and New Car
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Tariffs on imported vehicles took effect Wednesday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousand...
From The New York Times
President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that ru...
From U.S. News & World Report
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Trump, tariff
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The price of electronics, for example, will rise by some 10% based on existing tariffs, according to the Budget Lab.
From TIME
Trump presented the import taxes, which he calls “reciprocal tariffs” and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to th...
From Yahoo
Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” an ...
From Yahoo
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The S&P 500 declined 0.3% on Thursday, March 27, after the White House announced a 25% tariff on auto imports will take effect next week.
The impact of tariffs on consumer prices and the U.S ... Major U.S. companies such as Walmart, AutoZone and Lowe’s have already warned of price hikes if new tariffs take effect.
General Motors sank 6.8 per cent for one of the market's sharper losses after Trump announced 25 per cent tariffs on imported cars. Ford Motor dropped 2.2 per cent.
6don MSN
Hertz and Avis stocks are having a rough year, but they unexpectedly hit the gas following the new levy on vehicle imports.
Among auto parts retailers, O’Reilly Automotive climbed 2.8%, and AutoZone gained 3.7% ... but not in the United States, so any impact from the tariffs announcement would be an indirect one.
Wall Street is getting pulled in different directions as President Donald Trump’s latest tariff escalation pushes some automakers downward, while encouraging data on the economy helps support the market.
International markets reeled from President Donald Trump's announcement hours earlier of even more sweeping tariffs set to begin later this week and next.
President Trump says consumers can avoid automotive tariffs by purchasing American-made cars. But there's a catch.