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Trump's new tariff on China has automakers reassessing necessary parts

Summary by USA Today
A new Trump administration tariff on goods from China means automakers will pay more for certain parts. Here's what it may do to the cost of cars.

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Trump's new tariff on China has automakers reassessing necessary parts

A new Trump administration tariff on goods from China means automakers will pay more for certain parts. Here's what it may do to the cost of cars.

·Detroit, United States
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Verve timesVerve times

Trump China tariffs will affect Ford, GM vehicles and auto parts

2024 Lincoln Nautilus  Ford DETROIT — President Donald Trump’s move Saturday to impose 10% additional tariffs on imports from China affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported from about $15.4 billion to more than $17.5 billion worth of transportation goods from China each year, including $9 bil…

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Verve times broke the news in on Monday, February 10, 2025.
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