US EditionTrump looking at tariff exemptions ‘to help some of the car companies’
- President Trump suggested he might temporarily exempt the auto industry from tariffs to aid car companies in adjusting their supply chains.
- The 25% tariffs on foreign-made cars could significantly increase prices for consumers, impacting the auto market.
- Carmakers face challenges because their supply chains are closely connected with other countries, complicating U.S. Production.
- Automakers require extra time to shift production away from Canada, Mexico, and other locations to the U.S.
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271 Articles
271 Articles
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Left
50
Center
82
Right
33
Local auto brokers say there’s lots of uncertainty around tariffs
Two local car dealers opened up about the potential impact of new and increased tariffs on their bottom line. Jason Jalbert is the owner of Park Rapids Ford. Marc Thielen is general manager with Thielen Motors of Park Rapids. “When we talk about the auto industry as a whole,” said Jalbert, “I have to believe our government is going to work as expediently as possible to squelch any concerns, because they’re dealing with the second-largest industr…
Coverage Details
Total News Sources271
Leaning Left50Leaning Right33Center82Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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