Trump's auto tariffs to cover more than $460 billion of US vehicle, parts imports
- U.S. President Donald Trump's 25 percent tariffs on imported cars took effect, impacting the South Korean automotive industry significantly as the U.S. Is a key market for their exports.
- Hyundai Motor Group plans to invest $21 billion in the United States by 2028 amid the new tariffs, which may raise vehicle prices by an average of $5,300.
91 Articles
91 Articles
Letter: On car prices, Trump speaks the truth at last
Trump’s recent utterance that he couldn’t care less if the price of automobiles goes up as a result of his arbitrary tariff policies is the first truthful statement I’ve heard from him in ten years. Then he followed it up with the comment that Americans will buy domestically made vehicles. We know that there are virtually no fully domestically made vehicles because of the overwhelming amount of imported parts. So the prevarication continues.
Trump's Tariffs: Autoparts will pay every time they cross the border, says U.S. official
Under the tariff measures announced by the Donald Trump administration to the automotive sector, each non-American component crossing the border between Mexico and the United States will be subject to recurring payments, even if it is part of an integrated supply chain.According to a senior U.S. government official, the scenario is clear: auto parts manufactured in third countries, such as China or Germany, but assembled in Mexico, will pay tari…

B.C. car buyers face rising costs as Trump tariffs target auto industry
British Columbians interested in purchasing a vehicle might want to reach out to a dealership soon to lock in pricing as uncertainty climbs over tariffs. That’s according to the CEO of the New Car Dealers Association of B.C. “This has been a big cloud of uncertainty,” said Blair Qu...
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