‘These tariffs are going to be brutal.’ Car dealerships brace for Trump tax
The tax hike starting in April means automakers could face higher costs and lower sales, though Trump argues that the tariffs will lead to more factories opening in the United States and the end of what he judges to be a “ridiculous” supply chain in which auto parts and finished vehicles are manufactured across the United States, Canada and Mexico.
President Trump was asked if Americans should go out and immediately buy cars to avoid the tariffs. “I don’t think so,” Trump ...
Experts say car prices could be on the rise by thousands of dollars following tariffs imposed by President Trump on automakers.
President Trump’s vow to hit the global automotive industry with new duties risks raising inflation and inflaming trade-war ...
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