Trump Enacts 25% Tariff on Imported Cars Amid Escalating Trade War
President Trump's announcement of a 25% tariff on imported cars raises concerns about consumer prices and American jobs, as Canadian PM Carney warns of declining consumer confidence.
Subscribe to unlock this story
We really don't like cutting you off, but you've reached your monthly limit. At just $3/month or $30/year, subscriptions are how we keep this project going. Start your free 7-day trial today!
Get Started
The United Auto Workers on Wednesday praised President Donald Trump’s new tariffs on auto imports, calling it a "victory for autoworkers."
UAW praises Trump's 25% tariff on auto imports: 'Victory for autoworkers'
Fox Business·24d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The president has plunged the U.S. into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty.
Canadian PM says trade war is hurting Americans, noting consumer confidence
ABC News·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
Trump’s move is likely to cause significant disruption to the global auto industry, including the North American market, where automakers in the US, Mexico and Canada have developed highly integrated supply chains over the course of decades of tariff-free trade.
Trump announces 25 percent tariffs on cars, ramping up trade war
Al Jazeera·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
Canadians have gotten over the shock of the betrayal and are learning lessons.
Canadian PM Mark Carney calls Trump’s new auto tariffs ‘a direct attack’
The Hill·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
These tariffs are also expected to bring in over $100 billion of new annual revenue to the U.S., Scharf estimated.
Shares of Asia's automakers fall as Trump announces 25% tariffs on car imports
CNBC·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
However, the sudden announcement of a 25% tariff on imported vehicles and key automobile parts is likely to throw a wrench in the production of domestic vehicles, as the manufacturing process of American cars is deeply intertwined with factories in Mexico and Canada.
"This is a direct attack": Canadian PM mulls retaliation over Trump's 25% auto tariffs
Salon·24d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.LeftThis outlet favors left-wing views.
Trump’s tariffs gambit has proved dizzying to follow.
Cars, Venezuela, goods from the EU: What's the latest with Trump tariffs?
USA TODAY·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
More than half — 50.8% — said that boosting production capacity was the main impetus while 47.6% said that interest in mergers and acquisitions was a motivating factor for expanding their US footprint while 34.9% said they were interested in startup investments.
Nearly half of Japanese CEOs say they’ll boost investments in America — despite Trump’s tariffs
New York Post·24d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
Because tariffs are taxes on imports that are largely passed onto U.S. consumers, they can cause households to cut back on spending and dampen economic growth, according to experts.
Trump announces 25% tariffs on foreign-made cars
CBS News·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The tariffs, which the White House expects to raise $100 billion in revenue annually, could be complicated as even U.S. automakers source their components from around the world.
Trump hits import autos with 25% tariffs
Boston Herald·24d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The idea of Liberation Day really should be called steal from your wallet Day because that's what will happen.
How Can New Auto Tariffs Impact the Economy?
Bloomberg·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The introduction of tariffs on a host of goods being imported into the US is part of Trump's efforts to protect American businesses and boost manufacturing.
Trump announces 25% tariffs on car imports to US
BBC News·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The increased tariffs will draw more manufacturers back to the United States and create large numbers of jobs in construction and auto manufacturing.
Trump levies 25% tariff on foreign cars
World News Group·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans RightThis outlet slightly leans right.
The tariffs will rattle Japan’s auto industry, a key component of the world’s fourth-largest economy.
Donald Trump announces new 25% tariffs on cars from overseas
The Guardian·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
The auto industry has always loomed as one of the biggest potential casualties of the administration's trade policies, and these levies threaten to put new pressure on consumers as prices inevitably rise.
Axios·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Economists warn that the reciprocal tariffs, set to overturn decades of trade policy, could create chaos for global businesses.
Trump has begun another trade war. Here's a timeline of how we got here
Associated Press·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The tariffs could be complicated as even U.S. automakers source their components from around the world, meaning that they could face higher costs and lower sales.
Trump Puts 25% Tariff on Imported Cars
TIME Magazine·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
The latest policy is yet another example of the president's tariff-centric second-term economic agenda.
Trump announces new 25% tariff on imported cars and car parts
NPR·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
President Trump's announcement of a 25 percent tariff on imported automobiles is expected to have sweeping implications for the auto industry and the broader U.S. economy.
Trump announces 25 percent tariff on cars made outside US: 'liberation day'
Newsweek·24d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.CenterThis outlet is balanced or reflects centrist views.
Trump has implemented a growing list of tariffs on individual trading partners and specific sectors.
Trump announces new 25% tariffs on auto imports
Washington Examiner·24d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The 25% tariffs will almost certainly increase the cost consumers will pay to buy new vehicles they affect.
Trump to impose 25% tariff on all automobiles and foreign auto parts brought into the U.S.
NBC News·25d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
It’s also not clear whether the tariffs would apply to vehicles made under the terms of the Canada-U.S.-Mexico Agreement on trade, negotiated during the first Trump administration.
White House Says President Trump Will Announce Auto Tariffs Today
Epoch Times·25d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.The tax hike starting in April means automakers could face higher costs and lower sales, though Trump is adamant that the tariffs will lead to more factories opening in the United States and the end of what he judges to be a “ridiculous” supply chain in which auto parts and finished vehicles are manufactured across the United States, Canada and Mexico.
Trump Sets 25 Percent Tariff on Imported Autos, Expecting $100B in Tax Revenue
Newsmax·25d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
Summary
President Trump has officially imposed a 25% tariff on all imported vehicles, set to take effect on April 2. This escalation in the trade war has led to tumbling stock prices, particularly for major automakers like Ford and General Motors. The Canadian Prime Minister, Mark Carney, condemned the tariffs as a 'direct attack' on Canadian workers, stating that the trade war is negatively affecting American consumer confidence, which recently hit a multi-year low. Carney has announced a CA$2 billion strategic fund to support affected workers and called for a defensive stance against these tariffs.
Perspectives
Trump's proposed tariffs on auto imports aim to boost domestic manufacturing, yet they may squeeze automakers dependeAmericanobal supply chains, leading to higher consumer prices and potential production disruptions.
America warn that while the tariffs are pitched as beneficial for the U.S. economy, they are likely to increase production costs, reduce auto sales, and provoke retaliatory measures from other countries, which could chain into a broader trade war.
The tariffs are set to enact on April 2 alongside reciprocal tariffs, but uncertainty looms regarding their impact, especially on vehicles covered under existing trade agreements.
FAQs
No FAQs available for this story.
History
- 24d
- 24d
- 24d