There are still a lot of unknowns, but if this remains in place, there will clearly be some pain for the companies to digest.”
A 25% tariff on all vehicles imported into the U.S. won't just cause new car prices to rise. Used car prices will also likely increase, analysts say.
President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts will send ripple effects through an industry that is already being pummeled by steel and aluminum import duties and on-again,
U.S. President Donald Trump's announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global carmakers warned of immediate price hikes and dealers raised fears of job losses in big auto-exporting countries,
Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive.
Read President Donald Trump's proclamation imposing new auto tariffs on cars and light-duty trucks made outside the U.S.
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FOX Business correspondent Madison Alworth reported that President Donald Trump’s recently announced auto tariffs could be a boon to rental car companies.
President Donald Trump has announced a 25% tariff on imported cars and key auto parts. Here's what it means for new and used car prices.
President Donald Trump said on Saturday that he “couldn’t care less” if car prices spike because of his 25 percent tariffs on auto imports, saying the levies will prompt more people to buy American cars.