Trump’s auto tariff delay might benefit Tesla & the Big 3
- President Trump announced 25% tariffs on imported vehicles in late March for implementation on April 3, 2025.
- These tariffs, part of Trump's trade agenda, aimed to help car companies, but also stirred volatility.
- The tariffs targeted both fully assembled vehicles and auto parts, with tariffs on parts scheduled to start later.
- Analyst Dan Ives warned the tariffs could cause "pure chaos" and raise car prices by $5,000 to $10,000.
- A potential delay offers relief to Tesla, GM, Ford, and Stellantis, given their reliance on imported parts.
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Trump’s auto tariff delay might benefit Tesla & the Big 3
According to Wedbush analyst Dan Ives, Tesla and Detroit’s Big Three—General Motors, Ford, and Stellantis—could benefit from a potential delay in President Trump’s auto tariffs. In late March, President Trump announced 25% tariffs on imported vehicles, effective April 3, 2025. The U.S. President also announced tariffs for auto parts, slated for May. Ives previously criticized Trump’s auto tariffs, calling them a source of “pure chaos” for the au…
Trump Considers Delay on Auto Parts Tariffs
President Donald Trump is considering a temporary delay on auto parts tariffs, a move that could offer short-term relief to automakers grappling with the ripple effects of his protectionist trade agenda. “I’m looking at something to help car companies with it,” Trump said Monday in the Oval Office, suggesting he may pause certain import duties to give companies more time to transition manufacturing to the US. “They’re switching to parts that wer…
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