An expert in the automotive industry says factories may shut down in days as costs skyrocket and President Trump disrupts decades of economic integration with steep tariffs.
Tag: Automobiles
How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada
President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.
Elon Musk Is Focused on DOGE. What About Tesla?
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
3 Mexican Sectors Most Affected by U.S. Tariffs, and How the Country Could Respond
President Trump’s tariffs will have major effects on Mexico’s auto industry, agriculture and energy, but the country has some means for responding.
Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
Ties between the United States and Mexico have deepened over 30 years of free trade, creating both benefits and irritants.
Windsor, Ontario, Canadian Automotive Capital, Braces for Trump Tariffs
Windsor, Ontario, right across the border from Detroit, has close ties to the United States but now faces exceptional economic disruption.
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
In Response to Trump Tariff Threat, Ontario Premier Calls an Early Election
Doug Ford, Ontario’s Conservative leader, has recently said that President Trump was “going to try to devastate our country” with a plan to impose tariffs on Canadian exports.
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.