US EditionShould Americans rush to buy a car before the tariffs? Here's what Trump says
- President Trump addressed planned tariffs on imported cars and auto parts on Friday.
- The planned taxes of 25% aim to foster domestic manufacturing and increase revenue.
- The tariffs, set to begin April 3, apply to imported cars and key auto parts.
- Trump stated, "This is permanent," but also announced exemptions and a new tax incentive.
- The tariffs could increase car prices and cause supply chain disruptions, economists warn.
45 Articles
45 Articles
Bay Area dealership says it sold 70 cars over weekend as shoppers rush to 'beat the tariff'
If you're looking to buy a car to beat the car tariff, it's chaotic out there. One Bay Area dealership said it sold 70 cars over the weekend as shoppers rushed to purchase vehicles before Trump's proposed tariff takes effect.
Queen City News
CBS 17Carolina dealerships report surge in sales ahead of looming tariffs
STATESVILLE, N.C. (QUEEN CITY NEWS) — Dealerships across the Carolinas are seeing an uptick in sales ahead of the looming tariffs on imported vehicles and car parts. "I think every dealership that is out there has seen an increase because people are reading this and are trying to get ahead of this just like they would a storm,” wholesaler with Pauley Motor Car Company Travis McKinney said. With tariffs on the horizon, McKinney estimates that new…
Car Shoppers Outracing Trump Tariffs Poised to Lift Auto Sales
Brittany Humphries and her husband Jon Bassford are what sales people at car dealerships might call motivated buyers. The couple, who live in suburban Maryland outside Washington, DC, moved swiftly to lock in purchases this year to avoid the risk of paying thousands of dollars more once Trump administration policies on electric vehicles and tariffs fully kick in.
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