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These Cars—Chevrolet, Ford, Jeep And More—May Be More Expensive Under Trump’s Auto Tariffs

In early March, President Donald Trump hosted a call with automaker CEOs, including Mary Barra of General Motors, John Elkann of Stellantis, and Jim Farley of Ford, to discuss newly announced 25% tariffs on imported vehicles taking effect on April 2, 2025.
Trump's warning to automakers not to raise prices in response to the tariffs follows earlier threats of reciprocal tariffs and a 20% tariff already implemented on goods from China, escalating his trade war.
During the call, Trump pitched that the tariffs would benefit automakers by encouraging domestic manufacturing and reversing Biden's electric vehicle mandates, even suggesting they should be grateful, while also warning them not to pass tariff-related costs onto consumers, with potential penalties for non-compliance.
Trump stated the tariffs would be "great" and referred to the tariff as the 'start of liberation day,' while also suggesting the move would accelerate 'tremendous growth in the automobile industry,' but Ford CEO Jim Farley warned the automotive tariffs would 'blow a hole in the U.S. Industry that we've never seen'.
Industry experts, including auto suppliers in Detroit, analysts at Cox Automotive, and organizations like the American International Automobile Dealers Association, warn the tariffs could increase vehicle prices by thousands of dollars, potentially upending the U.S. Automotive industry, increasing insurance premiums, and negatively impacting affordability for consumers, despite Tesla potentially being "best off".

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Raw Story

Left

'May have been mistaken': WSJ editorial nails businesses that were 'optimistic' for Trump

The Wall Street Journal's editorial board on Friday night jabbed businesses that expressed optimism for President Donald Trump's return to the White House.A day after the Journal reported that Trump warned auto executives not to raise prices ahead of the enactment of his steep 25% tariff, the paper'...

2 days ago·United States

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PolitiFact

Lean Left

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Fox 9

Center

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