43 h. ago Car Shoppers Outracing Trump Tariffs Poised to Lift Auto Sales

Brittany Humphries and her husband Jon Bassford are what sales people at car dealerships might call motivated buyers. The couple, who live in suburban Maryland outside Washington, DC, moved swiftly to lock in purchases this year to avoid the risk of paying thousands of dollars more once Trump administration policies on electric vehicles and tariffs fully kick in.

Economics

4 d. ago Car Buyers Who Fear Tariff Price Hikes Are Swarming Dealerships

Car shoppers are descending on showrooms. Automakers are speeding up shipments of new vehicles. Dealers are huddling with their rivals to exchange ideas on how best to cope.

Economics

5 d. ago With more than 20,000 employed in the automotive sector here, about 10,000 of those jobs may be lost within weeks of the tariff being charged, said industry observers.

Trump tariffs poised to hammer Canada’s auto industry could slash the London region automotive workforce by half, as the cost of exports to the U.S. will spike, industry observers say. With more than 20,000 employed in the automotive sector here, about 10,000 jobs may be lost within weeks of tariffs being imposed, they said. That […]

Economics

1 week ago Trump Plans His Tariff ‘Liberation Day’ With More Targeted Push

President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say, a potential relief for markets gripped by anxiety about an all-out tariff war.

Economics

3 w. ago Tariffs: B.C. poised to toll U.S. trucks driving to Alaska through province

Premier David Eby says he’s unmoved by the pause, saying the 'tariffs are on, the tariffs are off' uncertainty is a 'deliberate tactic” to weaken Canadian resolve

Economics

4 w. ago Canadian recession looms this year if U.S. tariffs stay in place: Economists

Economists say the Canadian economy is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday morning remain in place. U.S. President Donald Trump’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect at 12:01 […]

Economics

4 w. ago U.S. car prices are poised for $12,000 surge on Trump’s new tariffs

Impending tariffs on Canada and Mexico risk driving up U.S. car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent. The cost to build a crossover utility vehicle will rise by at least $4,000, while the increase would be three times […]

Economics