Trump’s auto tariffs are in effect; expert weighs in on how this could impact consumers
President Donald Trump 25 % tariffs on imported vehicles to the United States has taken effect. The Trump administration also plans to place tariffs on auto parts in the near future.
FRESNO, Calif. (KSEE/KGPE) - The Trump administration is launching a 25% tariff on auto imports Thursday, which means current sticker prices won’t stick. “You’re looking at $4,000-$15,000 increases on the sticker of the vehicle,” Lithia Hyundai General Manager Moose Pohyar said. Pohyar says he has been preparing his team and…
SAN DIEGO (Border Report) -- President Donald Trump this week reversed course on tariffs on auto parts manufactured south of the border, something President Claudia Sheinbaum and other Mexican officials hailed as a victory for their economy. Sheinbaum said this will help her country's auto industry "flourish" and create an…
(WPHL) -- What is the impact of tariffs on consumers and businesses? President Donald Trump has imposed tariffs of twenty-five percent on steel and aluminum imports. And, on April 2nd, reciprocal tariffs are expected to be imposed on countries that have duties on U.S. products. Experts say items from groceries…