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Carmakers rush to ship vehicles to US ahead of new round of April tariffs

  • Automakers are rushing to ship vehicles to the US before April 2, when President Donald Trump's 25% tariffs on imports from Mexico and Canada are expected to take effect.
  • Karl Brauer, an executive analyst, suggests getting multiple quotes before selling or trading in a vehicle to avoid losing money.
  • Brauer also states that trading in a vehicle at a dealership is the most convenient option for sellers.
  • Driver Jerry Howard prefers selling his older cars privately, emphasizing his preference for keeping transactions within his circle.
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Possible softening of April 2 tariffs 'zero comfort' for auto sector

Just over a week before new U.S. tariffs are expected to come into force, the head of Canada’s auto parts manufacturing association says he’s not optimistic any meaningful reprieve is in the works. "Until a tariff comes into effect and it affects the U.S. economy ... I'm not con...

·Kelowna, Canada
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  • 45% of the sources are Center
45% Center
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Financial Times broke the news in London, United Kingdom on Sunday, March 23, 2025.
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