The 25% levy on all imported passenger vehicles and key components set to take effect next week is likely to add thousands to the price of new cars.
General Motors shares fell more than 7% Thursday as investors weighed the auto giant’s outsize vulnerability to the tariffs President Donald Trump announced Wednesday.
Short-term bond ETFs are a reliable, easily accessible option for parking cash during market turbulence. I give the Schwab Short-Term U.S.
Vietnam's Prime Minister has said he would "golf all day long" with the US president if it benefits his country.
TORONTO (AP) — Canadian Prime Minister Mark Carney said Wednesday that U.S. President Donald Trump ’s auto tariffs are a “direct attack” on his country and that the trade war is hurting Americans, noting that American consumer confidence is at a multi-year low.
The old relationship we had with the United States … is over,” the prime minister said after latest Trump threats.
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Read President Donald Trump's proclamation imposing new auto tariffs on cars and light-duty trucks made outside the U.S.
President Donald Trump on Wednesday followed through on weeks of threats for new tariffs on imported cars, saying a 25% import tax on vehicles not built in the U.S. would kick in next week.