Trump Hints He May Raise Auto Tariffs 'in the Not Too Distant Future'
- On June 12, 2025, President Donald Trump stated at the White House that he may increase tariffs on imported automobiles in the near future.
- The announcement followed the earlier imposition of a 25 percent tariff on foreign cars and parts to encourage investment in U.S. manufacturing.
- Automakers such as General Motors, Stellantis, Hyundai, and Ford have responded by investing billions in domestic production and adjusting supply chains.
- Trump indicated that increasing tariffs could encourage companies to establish manufacturing facilities within the United States.
- The potential tariff increase adds uncertainty for automakers relying on complex supply chains and highlights ongoing trade tensions, notably with Japan whose negotiators seek tariff removal.
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Global supply chain could derail Trump's move to onshore auto sector
The Trump administration wants to convert the automobile sector to an “America First” agenda, but fully onshoring the trillion-dollar industry promises to face sweeping challenges. Even automotive manufacturers with strong national ties, such as South Carolina’s BMW plant, often rely on a global supply chain for critical components, making President Donald Trump’s mission to make cars completely in the United States at best an objective that wo…
·Washington, United States
Read Full ArticleTrump is still threatening international companies with tariffs. This can also mean consequences for US citizens.
Coverage Details
Total News Sources58
Leaning Left6Leaning Right8Center14Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 21%
C 50%
R 29%
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