Car News Wire

Commerce Department report backing 25% tariffs on auto imports could hit Sunday

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

The auto industry and its investors are bracing for a long-awaited Commerce Department report offering recommendations on new tariffs targeting imported vehicles and auto parts. The report is expected to come as soon as Sunday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

German Carmakers Could Face Huge Profit Hit If Trump Imposes 25% TariffIf President Trump imposes a 25% tariff on auto imports, European carmakers like BMW, Mercedes, and Volkswagen’s Audi and Porsche would lose about 90% of their high profit margin sales of imported luxury vehicles, according to a report from UBS. overpriced garbage. Why would Americans care about that? It's an effort to bring back manufacturing. Aren't all those companies German? And people of America would lose access to some of the best cars in the world. Sometimes you wonder if money is actually more needed / valuable than the things they can buy.
Source: Forbes - 🏆 394. / 53 Read more »

New Tariffs Threaten to Boost Prices of Imported Cars and PartsThe Commerce Department is wrapping its probe into whether imported cars and parts pose a national-security threat under U.S. trade law. Its findings could lead to levies that would make autos from Japan, Germany and elsewhere sharply more expensive. MAGA? KAG? 🤣🤣🤣 Make the part here again
Source: WSJ - 🏆 98. / 63 Read more »