President Donald Trump’s decision to impose a 25% tariff increase on all imported automobiles—set to take effect next week—has ignited sharp...
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President Donald Trump’s decision to impose a 25% tariff increase on all imported automobiles—set to take effect next week—has ignited sharp reactions across the global automotive industry, triggering concerns among European, Japanese, Korean, and even American manufacturers. Tesla seems to have gained the most from these measures, but Western and Asian countries are warning of a scenario where it will be “losers only.” Following the announcement of the new tariffs, the German Association of the Automotive Industry (VDA) quickly condemned them as a “fatal signal for free trade,” emphasizing that the significant increase from the previous 2.5% tariff to 27.5% would severely disrupt global supply chains. Continue reading at newmobility.news.
President Donald Trump’s decision to impose a 25% tariff increase on all imported automobiles—set to take effect next week—has ignited sharp...
US President Donald Trump has imposed a 25% tariff on imported cars and auto parts, aimed at boosting domestic automotive manufacturing. This move...
The global auto industry braces for disruption after President Donald Trump officially confirmed his plan to impose 25% tariffs on imported vehicles...
The global auto industry braces for disruption after President Donald Trump officially confirmed his plan to impose 25% tariffs on imported vehicles...
Carmakers’ declines extended in after-hours trading on the news of 25% tariffs on imported vehicles. The drop reflected concerns about inflation.
U.S. President Donald Trump has announced a new 25% tariff on all foreign-made vehicles imported into the United States. The tariffs, which are set to...
WASHINGTON -- President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic...
Canadian Prime Minister Mark called Trump's 25% auto tariffs on imports a direct attack on Canada and its workers. The move is expected to strain...
The tariffs are going to impact nearly half of all vehicles sold in the United States, including American brands assembled overseas.
President Trump said Wednesday he is imposing a 25% tariff on foreign-made cars and light trucks that are imported to the U.S.