US EditionHow does the automotive supply chain work?
- President Donald Trump announced a 25% tariff on imported cars and auto parts, effective April 3, which may raise vehicle prices by up to $10,000.
- The tariffs may force automakers to rethink production strategies, potentially leading to fewer affordable options for consumers due to decreased profits.
- Experts warn that the tariffs will disrupt the global supply chain, impacting manufacturers like General Motors and Ford significantly.
- Governor Matt Blunt noted that while U.S. Manufacturers support boosting domestic production, it is vital to implement tariffs without significantly raising consumer prices.
105 Articles
105 Articles
Donald Trump, shipowner per shipowner: How many cars sold in the United States are made in Mexico?
“I don’t want cars from Canada, I don’t want cars from Mexico. I want the automotive companies to build here,” was Donald Trump’s message that pressure will continue for the shipowners to move their production to the United States, or else they will face 25 percent tariffs. Since the campaign, Donald Trump warned that if he won the elections he would recover the manufacturing and automotive industry through tariffs that would force companies to …
How does the automotive supply chain work?
(NewsNation) — President Trump's 25 percent tariff on imported cars is expected to raise prices for consumers and carmakers, but it could also hurt smaller companies in the vast auto supply chain. That's because Trump's import tax will also apply to "key automobile parts," including engines, transmissions, powertrain parts and electrical components, according to the White House. Other parts may be added "if necessary." While the U.S. auto indust…
Tariff uncertainty: Analysts say bringing auto supply chains back to U.S. won’t happen quickly
Experts say that President Donald Trump’s plan to impose tariffs on imported cars and auto parts will raise prices for new and used cars and strain companies in the automotive sector, including in Indiana, that depend on global supply chains. Continue reading at The Republic News.
Auto industry unease revs up as Trump rolls out damaging tariffs
Oh boy. Shawn Fain, president of the United Automobile Workers, is doing that thing that burns every single person who tries it: praising President Donald Trump. “We applaud the Trump administration for stepping up to end the free trade disaster that...
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