Trump’s Auto Tariffs to Hit US Automakers with $108 Billion in Costs
A new analysis by the Center for Automotive Research has found that President Donald Trump’s 25% auto tariffs imposed in April will increase costs by about $108 billion for automakers in the U.S. in 2025. The study, released on Thursday, specifically highlights Detroit automakers Ford Motor, General Motors, and Stellantis as those most affected. The … Read more