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Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

  • Trump's tariffs announced on April 2 are leading to higher prices for consumers, with projections of a $5,200 annual cost per household, according to the Center for American Progress.
  • The tariffs are expected to disproportionately affect the working class as they will pay the import taxes, not foreign companies.
  • The recent court ruling allows Trump to dismiss political appointees without cause, impacting the National Labor Relations Board and the Merit Systems Protection Board.
  • Senator Warren argues that Trump's strategy to reduce government staff risks undermining its constitutional responsibilities, coining the phrase 'no personnel is also policy.
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The US SunThe US Sun
Right

Exact date to buy car by to skip price hikes as dealership owner issues warning

[/boxout] CARS THAT WILL BE HIT THE HARDEST Car brands like Mazda and Volvo are expected to be the most impacted by the new tariffs because they import a large portion of their cars into the US. Consumers could see price tags on new foreign cars surge by $6,000 to $16,000, according to iSeeCars, a car search and research company. GMC Sierra 1500, Ram 1500 and the Dodge Charger are some models that iSeeCars expects to experience the highest price…

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CNBCCNBC
Center

Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

Shares of some of the world's biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.

·United States
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American ProspectAmerican Prospect
Left

No Personnel Is Policy

The Trump administration is accomplishing through layoffs what it couldn’t accomplish through Congress.

·Washington, United States
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People's WorldPeople's World
Left

Layoffs, price hikes, retaliation: What workers can expect from Trump’s trade war

Click here for more People’s World articles on Trade and Tariffs. Just a sampling of headlines on the first day of the USA’s new “Golden Age” serves to illustrate the chaos and uncertainty – along with the ridiculousness and absurdity – of President Donald Trump’s post-globalization wo...

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BizTocBizToc

Automakers provide stable pricing for now, but warn of future hikes

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

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Motor1.comMotor1.com

Here's How Automakers Are Reacting to Trump's Tariffs

With tariffs now in place, automakers tell us how they may be affected. We'll update the story with more information as the automakers respond.

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People's World broke the news in on Thursday, April 3, 2025.
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