If you want to buy a new or used vehicle in Mississippi, now is the time. That is the word from Marty Milstead, president of the Mississippi Automobile Dealers Association. President Donald Trump said his new tariffs on automobiles and auto parts will punish other countries for unfair trade practices.
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.
President Donald Trump’s 25% tariff on US auto imports took effect on Thursday in a move expected to dramatically increase costs and upend industry supply chains.
The president said he would go ahead with auto tariffs industry officials say could decimate Michigan's signature industry, as well as other taxes.
Stellantis has responded to the imposition of a 25% auto tariff with the temporary layoff of thousands of Unifor Local 444 members at Windsor Assembly Plant and additional layoffs in Mexico and at U.S.
Trump confirms the 25% tariffs on auto imports will go live at midnight. Read more about those below. Ford stock is getting hit. So are General Motors and Stellantis. Tesla, which won't be hit as badly, trades higher.
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Val Kilmer, the longtime Hollywood star known for roles in "Top Gun," "Heat" and "Tombstone," among other films, died this week. He was 65 years old. Kilmer, who battled throat cancer for several years, reportedly died from pneumonia, according to his family. He lost the ability to speak after ...
One manufacturer told NBC News that she had managed to push the existing 45% duty on her products onto American customers.
With vehicle prices expected to rise sharply as a result of Trump's auto tariffs, many consumers are rushing to make purchases before the tariffs take effect.