Donald Trump, automakers
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CNBC |
CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.
USA Today |
President Trump enacted a 25% tariff on all imported cars and light-duty trucks, and a 10% minimum tariff on other imported goods.
NBC News |
The Senate voted 51-48 tonight to pass a Democratic-led resolution that would block Trump's tariffs on imports from Canada.
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2hon MSN
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
Prime Minister Mark Carney said Thursday that Canada will match Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.
Shares of some of the world's biggest automakers appeared surprisingly resilient on Thursday, even after U.S. President Donald Trump's 25% tariffs on foreign auto imports came into effect. Analysts and economists said the relatively muted response from autos stocks could be partly attributed to an exemption for Canada and Mexico from Trump's highly anticipated "reciprocal" tariffs announcement.
However, over the past six months, Tesla stock price has gained 17.5%. On a one-year basis, Tesla shares have surged 68%.
President Donald Trump's new 25% tariff on all cars and light-duty trucks takes effect in the U.S. on April 2. Here are frequently asked questions.
Canadians are bracing alongside other geopolitical partners as President Donald Trump prepares to unleash his next round of tariffs in what he is calling "liberation day."