US EditionUS electric vehicle industry is collateral damage in Trump’s escalating trade war
- President Trump announced a 25% tariff on imported vehicles and auto parts, effective April 3.
- This action intends to bolster domestic manufacturing and reduce reliance on foreign vehicles.
- The tariff impacts imported cars, light trucks and key parts like engines and transmissions.
- Experts warn prices could increase by $12,500 per imported vehicle, impacting affordability.
- International leaders criticize the tariff due to retaliation and potential global trade war risks.
96 Articles
96 Articles
Elon Musk’s Tesla may be the least vulnerable EV maker under Trump’s tariffs—but the rest of the multibillion-dollar industry is collateral damage
President Donald Trump's tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk. Here's what consumers should know about the impact of tariffs on electric vehicles. Where does EV adoption stand in the U.S.? EVs accounted for about 8% of new car sales in the U.S. in 2024, according to Motorintelligence.com…
Passenger vehicle traffic at the Blue Water Bridge falls 23% in March, amid trade war
Passenger vehicle traffic at the Blue Water Bridge, which connects Michigan and the Sarnia area, was down 23 per cent in March compared to the same month last year amid an escalating trade war between the two countries.
The U.S. Electric Vehicle Industry, Collateral Damage in Trump’s Trade War
U.S. President Donald Trump’s barrage of tariffs generated shockwaves in all aspects of the global economy, including the automotive sector, where billionaire plans to electrify the U.S. are especially at risk.
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