GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices
Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further.
Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
The new policy, which is meant to pressure the U.S.'s neighboring countries into cracking down on trafficking and migration across borders, could strike the auto industry and drive up car prices for consumers, according to a note from Wells Fargo analysts.
The price of these Canadian, Mexican and Chinese goods could be impacted by Trump tariffs
Donald Trump has suggested he will put a 25% tariff on imported goods from Mexico and Canada. How will this affect the cost of goods?
How Trump’s proposed tariffs could dramatically raise prices on consumer goods
President-elect Donald Trump announced Nov. 25 he would impose sweeping new tariffs on countries he says have allowed illegal immigrants and drugs to enter the United States. If the import tax were implemented,
CEOs are warning Trump tariffs will hit consumers — ‘Higher prices are not helpful’
Rather, Fortune 500 CEOs are bracing for a period of high costs which, of course, will be hoisted onto the shoulders of already-beleaguered consumers. This week, President-elect Donald Trump posted on Truth Social that he’s set to impose tariffs on products from China,
Trump's tariffs on Mexico and Canada could raise the prices of these goods
The president-elect vowed to slap heavy tariffs on imports from some of the U.S.'s top trade partners. Here's how that could impact your spending.
Toys, car parts and avocados: How Trump's proposed tariffs could impact your wallet
Cars, apparel, electronics and more could see prices go up if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on imports from Mexico, Canada and China.
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