Tariff Tensions Stall the Drive as Global Auto Industry Faces $12 Billion Hit

UAW Cheered Tariffs Now Workers Stand To Lose Thousands

Auto workers are bracing for a financial blow as profit sharing evaporates amid rising tariffs and shrinking industry margins

Tariff tensions stall the drive as Global auto industry faces $12 billion hit

Detroit — Amid escalating protectionist policies from Washington, the global auto sector is suffering catastrophic financial losses, with industry giants absorbing nearly $12 billion in damages as a direct result of former president Donald Trump’s aggressive tariff regime. This marks the most severe blow to the industry since the pandemic. The backlash from Trump’s 25 […]

How Much Will Trump’s Auto Tariffs Drive Up Car Prices?

American drivers were already being squeezed before the tariffs landed.