Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
Hyundai Motor Co
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai already makes cars in the United States, in Georgia and Alabama.
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
Trump and Republicans Cannot Stop Electric Vehicles, Experts Say
More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.
Trump Has Reeled in More Than $200 Million Since Election Day
The president-elect has boasted about the donations for his inauguration, library and political activities from those seeking favor or perhaps in some cases, atonement.