|
President Trump's newly announced 25% import tariffs on foreign cars will increase vehicle prices by thousands of dollars, experts say, but Tesla is likely to fare better than other carmakers.
|
RELATED ARTICLES | | |
|
President Trump's 25% tariffs on auto imports could put a financial squeeze on automakers that depend on global supply chains.
|
RELATED ARTICLES | | | | |
|
S&P 500 drops as traders assess Trump's auto tariff impact: Live updates CNBCStock market today: Wall Street drifts as auto tariffs hurt GM, help Tesla and others The Associated PressStock market today: S&P 500, Dow, Nasdaq waver as investors weigh Trump's tariff escalation Yahoo FinanceAuto Stocks Tumble After Trump's Tariffs Announcement The New York Times
|
|
Experts say the 25 percent import fee will make many cars more expensive, but it is not clear when, by how much or which models.
|
RELATED ARTICLES | | |
|
Many firms are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.
|
|
