Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
It Is Happening Every Day, Every Where
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
The e-commerce site acted after the Trump administration said it would close a loophole that allowed low-cost Chinese-made items to enter the U.S. without import fees.
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
Only three Republicans joined Democrats in voting to end the national emergency President Trump declared to impose tariffs on most U.S. trading partners, leaving the measure short of the support needed to pass.
At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.
Here’s what a variety of voters who made their choices in November’s election with some hesitation had to say about President Trump’s first 100 days.
Most levies on imported cars and car parts will remain in place, but automakers have secured some relaxation of the trade policy.