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MTA Says Trump's Tariffs Added $1B to Cost of NYC's New Train Cars, Buses
Officials said the added costs could force the agency to buy fewer vehicles and affect up to 5,000 jobs.
Summary by Gothamist
4 Articles
4 Articles
MTA says Trump's tariffs added $1B to cost of NYC's new train cars, buses
The cost to buy new subway cars has skyrocketed since President Donald Trump returned to office, according to the MTA. New York's train cars and buses are manufactured in the United States, but they rely on loads of components manufactured all over the world. [ more › ]
Trump Tariffs to Add $1B to Cost of New Trains and Buses in NYC: MTA
MTA officials warned Wednesday that “high and unpredictable” tariffs brought on by the Trump administration could jack up the cost of new trains and buses by $1 billion by the end of this decade. The hit on the thousands of components used to build trains and buses — including electronics, wheels, axles and vehicle frame […]
Coverage Details
Total News Sources4
Leaning Left2Leaning Right0Center0Last Updated100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
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