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Trump Declares 25% Tariffs on All Foreign-Built Automobiles

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Trump confirms the 25% tariffs on auto imports will go live at midnight.
From Barron's
President Trump announced a 25% tariff on all foreign-made automobiles.
From Yahoo
Outside economists have warned that tariffs could slow the global economy, raise the risk of recession, and increase living costs for the average American family by thousands of dollars.
From Reuters

Read more on News Digest

Trump’s 25% auto tariffs are in effect. What investors need to know
CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.
Trump Confirms Auto Tariffs Go Live Tomorrow
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.
Trump Tariffs to Hit Many Auto Parts
The array of automotive parts that President Trump plans to tariff is more extensive than the industry expected, raising concerns about significant cost increases for U.S.-built vehicles. As part of Trump’s tariff announcement Wednesday,
President Trump announces tariff on foreign-made automobiles taking effect Thursday
President Trump announced a 25% tariff on all foreign-made automobiles. Those tariffs are set to go into effect Thursday.
Markets on high alert ahead of Trump's tariff plan reveal
Global investors are close to getting some clarity on the Trump administration's tariff plans on Wednesday, but with little detail on what to expect, financial markets remain on edge.
Trump announces 10% reciprocal global tariffs, with higher rates on some nations
US President Donald Trump announced the long-awaited “Liberation Day” reciprocal tariffs at the White House Rose Garden. Global markets shifted into “risk-off” mode, with US stock futures tumbling sharply and gold surging to a new high.
Trump's tariffs stoke global trade war as China, EU hit back
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
Stock futures plunge after Trump announces ‘Liberation Day’ agenda of worldwide tariffs
Futures indexes tied to the three main American stock markets were all trading down on Wednesday evening, as investors braced for the impacts of the sweeping worldwide tariffs Donald Trump announced earlier in the day.
Futures dip in run-up to Trump tariffs
Wall Street's main indexes have swung between gains and losses in recent days, with investors preferring to hold safer assets such as gold and government bonds over risky equities, as they speculated about the scope of tariffs and their impact on the global economy,
Auto tariff to cost US consumers more than $30 bln in first year, report shows
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.
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
Auto giants surprisingly resilient as sweeping U.S. tariffs spare Canada and Mexico for now
Shares of some of the world's biggest automakers appeared surprisingly resilient on Thursday, even after U.S. President Donald Trump's 25% tariffs on foreign auto imports came into effect. Analysts and economists said the relatively muted response from autos stocks could be partly attributed to an exemption for Canada and Mexico from Trump's highly anticipated "reciprocal" tariffs announcement.
When do auto tariffs take effect? Trump's 25% fee on imported vehicles, parts coming this week
President Donald Trump announced last week that he will impose a 25% tariff on imported passenger vehicles, light trucks and some auto parts. After signing the order last week, Trump said the auto tariff would go into effect on Wednesday, April 2 and begin to be collected on Thursday, April 3.
The Hidden Loser in Trump’s Auto Tariffs: Domestic EV Manufacturing
The president’s new tariffs on imported vehicles and his plans to kill a popular tax credit will likely torpedo demand for vehicles made by American workers.
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Trump issues 10% baseline tariffs, 25% auto tariffs, increased rates for 'worst offenders'
Trump issues 10% baseline tariffs, 25% auto tariffs, increased rates for 'worst offenders'
For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
One manufacturer told NBC News that she had managed to push the existing 45% duty on her products onto American customers.
Car buyers in Southern California scramble to beat 25% auto tariffs
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.
Volkswagen Plans Price Hikes Following Trump’s 25% Auto Tariffs
Volkswagen AG plans to add import fees to the sticker prices of its vehicles shipped into the US, indicating Donald Trump’s 25% auto tariffs will have an immediate effect on Europe’s biggest carmaker.
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