Court Ruling Doesn’t Relieve Car Tariffs
A court ruling has paused many of President Donald Trump’s signature tariffs, but it doesn’t halt tariffs raising the prices of new cars.
A court ruling has paused many of President Donald Trump’s signature tariffs, but it doesn’t halt tariffs raising the prices of new cars.
American and Chinese negotiators have reached a temporary deal to lower tariffs, but it’s unlikely to change car prices.
The Federal Reserve kept interest rates flat yesterday. The central bank is waiting to see the effects of tariffs. Americans may do the same.
Car dealers paid almost 5% more for used cars at auction last month than the month before, a sign of price hikes to come.
Jaguar and Land Rover have resumed importing new cars into the U.S. after pausing shipments over recently imposed tariffs.
A third round of White House tariffs went into effect over the weekend, this one raising the cost of imported auto parts.
Do auto tariffs benefit Tesla? The short answer is yes. The longer answer is that the newly enacted automotive tariffs benefit any automaker building cars and sourcing parts inside the U.S.
President Trump late Tuesday eased tariffs on car manufacturers, but the moves will not end price increases.
Media reports suggest the White House may be considering several moves to ease tariff pressure on new car prices.
Americans are car shopping at a faster pace than a year ago, but slower than March, as a pre-tariff sales surge starts to ebb.