auto tariffs

In the lead-up to ‘Liberation Day’, car dealerships in the US are seeing a spike in footfalls, as consumers race to book their new vehicles to avoid the post-tariff sticker shock that, according to some estimates, could reach as high as $10,000 to $15,000 even for mid-range cars. What...

Leading analysts are not mincing their words for US President Donald Trump’s new 25% tariff on all imported cars and car parts. While the markets have made their stance clear on this, with the S&P 500, Nasdaq, and the Dow witnessing consecutive weekly declines, there is reason to believe...

Ferrari N.V. (NYSE:RACE) shares saw a positive uptick on Thursday following the company’s announcement regarding new commercial policies. The luxury automaker is adjusting its pricing strategy in light of upcoming import tariffs on EU cars entering the U.S. market, a measure announced by...

President Donald Trump's newly announced 25% tariff on foreign auto imports has added a layer of uncertainty to global markets—and cryptocurrency is not immune. While some experts see short-term volatility, others argue that the move only strengthens Bitcoin's (CRYPTO: BTC) long-term case as a...

The stocks of automakers, General Motors Co. (NYSE:GM), Ford Inc. (NYSE:F), Stellantis NV (NYSE:STLA) and Tesla Inc. (NASDAQ:TSLA) declined 5.79%, 3.69%, 2.58%, and 1.59%, respectively during the pre-market trading session on Thursday. What Happened: On Wednesday, a 25% tariff was imposed by...

The U.S. auto industry is on the brink of a significant shakeup as a 25% tariff on imported vehicles looms, according to an industry expert. What Happened: Phil LeBeau, CNBC’s auto and airline industry expert, recently shed light on the potential consequences of a 25% tariff introduced...

As President Donald Trump‘s auto tariffs pulled the markets down on Wednesday, he shrugged off the selloff worries, saying that markets can “take care of itself”. What Happened: During the press briefing on Wednesday, Trump was asked about the market fall after a three-day advance...

President Donald Trump declared on Wednesday the introduction of a 25% tariff on auto imports. This decision aims to stimulate domestic production but could financially strain automakers dependent on international supply chains. What Happened: The tariffs, poised to generate $100 billion annually,...

U.S. President Donald Trump has announced his intention to impose a 25% tariff on auto imports, alongside chips and pharmaceuticals, causing a stir in international trade. What Happened: Trump disclosed on Tuesday his plan to implement auto tariffs “in the neighborhood of 25%”....

Tesla’s Chinese rivals slammed the proposed European Union tariffs on Chinese-made electric vehicles (EVs) during Paris Car Show. The situation has raised concerns about increased costs for consumers and potential impacts on the automotive market. What Happened: The European Union’s...

In a recent development, China has declared its intention to conduct an anti-dumping probe into canola imports from Canada. What Happened: This decision comes in the wake of Canada’s move to impose tariffs on Chinese electric vehicles, leading to a significant rise in domestic rapeseed oil...

Commerce Secretary Wilbur Ross cast doubt Sunday on whether the U.S. will move ahead with tariffs on imported vehicles and parts Nov. 14. Progress in capital investment talks with foreign automakers may make the tariffs — as high as 25% — unnecessary, Ross said in an interview with Bloomberg. His...

Fiat Chrysler Automobiles NV (NYSE: FCAU) shares are down 34 percent in the past year as fears over a global slowdown in the auto industry have weighed on investor sentiment. Unfortunately for Fiat Chrysler bulls, an options trader made a large bearish bet on Thursday morning that things could get...