Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
The largest impact on actual vehicles will be on on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision. Those crossovers accounted for 83,884, or 95%, of the 88,515 China-made vehicles that were sold in the U.S. last year.
Trump's Tariffs on China: How Will U.S. Consumers be Affected?
Trade restrictions on China are expected to drive up prices for electronics, clothing, household goods, and medical supplies.
Auto Stocks, Including Tesla, Plummet After Trump Announced Tariffs
Tesla shares plunged by 7%, staying at 4% early Monday morning along with other automakers stocks due to president Donald Trump implementing his tariffs.
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
Trump tariffs will cost U.S. carmakers billions and are a ‘bonanza’ for Asian competitors, warns Ford CEO Jim Farley
The biggest winners from Trump’s proposed tariffs, Farley suggested, won’t be domestic automakers but Asian rivals that would face little additional impact.
Ford CEO: Trump tariffs would wipe out billions in profits if they’re long lasting
Jim Farley, CEO of Ford (F) has joined the rest of the auto industry to warn Trump against them. He reasoned that the US profits would be run over if you hit the world with tariff hikes. Tariffs have hit the motor industry the most.
Ford CEO: If tariffs persist it'd mean billions of dollars of losses for domestic car industry
Overtime' to discuss Ford earnings, impact of Mexico and Canada's tariffs and cost reduction plans. During the defense of Leningrad a well laid trap resulted in a spectacular victory with just 1 tank taking out 22 German Tanks and 2 Anti-tank guns.
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Buy the Dip in General Motors (GM)? That’s Exactly What the Data Says.
A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...
Live: Trump in tariff tit-for-tat with China; duties on Canada, Mexico paused for one month
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount
For Elon Musk fans, it’s the half-trillion dollar bet. The stock market value of Tesla has surged by that much since Donald ...
These are General Motors’ plans in the face of Donald Trump’s possible tariffs
General Motors manufactured 22.3% of light vehicles in Mexico: it is the main automotive producer in the Mexican market ...
USA Today13d
Trump is taking aim at EVs. What does that mean if I want to buy one?
SHREWSBURY ― Edward Fanjoy is the proud owner of a Tesla electric car, and he has a message for President Donald Trump ..
Dow and S&P 500 recover some losses after Trump pauses tariffs on Mexico
Soon after a market decline began early Monday morning, Trump paused the tariffs on Mexico for one month following a ...
Latin Times on MSN8d
Mexican Official Dispels Rumors of General Motors Moving Business Back to US to Avoid Trump Tariffs: "No One is Going to Leave Mexico"
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled ...
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‘We’ve got to move forward’ - Michigan electric vehicle industry responds to Trump policy changes
(AP Photo/Paul Sancya, File) President Donald Trump talks about the Endurance electric pickup truck at the White House, ...