How automakers like Ford, VW, Stellantis are reacting to Trump’s 25% tariff
- President Trump imposed tariffs on foreign automobiles and components, confirming a 25% tariff on automobiles.
- The White House cited security concerns and declared a national emergency due to ongoing trade deficits.
- The US implemented tariffs on various trade partners; rates varied, with some of the highest reaching 49%.
- Trump stated tariffs would generate $6 trillion in investments, insisting they would prevent other countries from 'ripping off' the US.
- Experts warned of potential recession and trade wars, while companies like Stellantis faced layoffs and VW prepared for price increases.
32 Articles
32 Articles
How automakers are responding to Trump's tariffs: Ford employee pricing, VW import fees, and idled Jeep factories
A Ford Bronco at a dealership in Texas. The automaker said it would offer employee pricing to all customers as a result of President Trump's latest tariffs. Brandon Bell/Getty ImagesAutomakers are responding to Trump's latest round of auto tariffs, announced Wednesday. Ford is offering customers an employee discount, while VW is adding an "import fee" to cars.Stellantis has paused production at plants in Canada and Mexico and plans to lay off 90…
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