White House, Tariffs and Donald Trump
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President Trump confirmed the implementation of tariffs on imported cars and light-duty trucks.
From Detroit Free Press
The tariffs hit allies and rivals alike.
From Seattle Times
Revenue generated from the Canada tariffs will be used to support Canadian auto workers and the domestic industry, which was already feeling the negative effects of Trump's economic measures.
From UPI
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NewsNation on MSNAuto execs making last-ditch tariff appeal to the White HouseThe heads of auto companies Ford, GM and Stellantis are making a last-minute effort to appeal to the White House, NewsNation has learned.
The tariffs on autos will start being collected on Thursday and if the taxes are passed onto car buyers, the average ca
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
The UAW shares that goal and has backed the auto duties. But executives, analysts and economists have warned the actions could quickly hamper auto production, wipe out profits and add thousands of dollars to the cost of new vehicles,
Trump has for weeks trumpeted April 2 as a "Liberation Day" that will see dramatic new duties that could upend the global trade system, with a White House Rose Garden announcement scheduled for 4 p.m.
The Dow, S&P 500 and Nasdaq fell sharply after Trump slapped tariffs on a host of countries including China, Vietnam, Taiwan, while also blasting the European Union. FOX Business is providing real-time updates on the markets,
One union president told Newsweek that Trump's tariffs could "devastate" the auto industry in Canada and the U.S.
Confusion and uncertainty reigned in the deeply integrated North American auto industry on Thursday, the day the Trump administration hit imports with a hodge-podge of tariffs.