7 h. ago Trump says he ‘couldn’t care less’ if car prices go up, but his base may be hardest hit

Low-cost vehicles are largely only affordable because they are manufactured outside the U.S.

Politics

14 h. ago Trump news today: President says he ‘couldn’t care less’ if car prices go up as industry braces for tariffs

President believes taxing imports will force people to buy American-made cars

Politics

15 h. ago Trump says he ‘couldn’t care less’ if tariffs make car prices go up

Trump says tariffs on foreign-made cars would would lead to increased sales of US-made carsDonald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he “couldn’t care less” if they do.The president’s comments came as the White House prepared to impose new tariffs on a range of consumer goods on 2 April, a move that has drawn criticism from international leaders and concerns about potential price increases for consumers.Guardian staff contributed reporting Continue reading...

Politics

57 h. ago From repairs to insurance, Trump's auto tariffs could make owning a car more expensive

Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive

Politics

63 h. ago In numbers: Which countries will suffer most from Donald Trump’s car tariffs?

The UK’s number-one goods export to the US is cars, worth £8.3 billion in the year up to November 2024

Politics

66 h. ago FTSE 100 LIVE: London opens cautiously as Trump car tariffs throw spanner in the works of growth

FTSE 100 LIVE: London opens cautiously as Trump car tariffs throw spanner in the works of growth  Yahoo Finance UK

Politics

2 d. ago Tesla’s UK subsidies under scrutiny after Trump announces car tariffs

Tesla has benefited from £188m in UK taxpayer subsidies in nine years

Events

3 d. ago Starmer seeks deal with Trump to avoid trade war as ‘very concerning’ tariffs loom

The Prime Minister said he did not want a ‘trade war’ with the US but that all options remained on the table

Economics

3 d. ago US allies worldwide decry Trump’s car tariffs and threaten retaliation

Friendly countries around the globe join China in insisting import taxes are harmful to all, including WashingtonGovernments from Tokyo to Berlin and Ottawa to Paris have voiced sharp criticism of Donald Trump’s sweeping tariffs on car imports, with several of the US’s staunchest long-term allies threatening retaliatory action.Trump announced on Wednesday that he would impose a 25% tariff on cars and car parts shipped to the US from 3 April in a move experts have predicted is likely to depress production, drive up prices and fuel a global trade war. Continue reading...

Politics

3 d. ago Which countries will suffer most from Donald Trump’s car tariffs?

The UK’s number-one goods export to the US is cars, worth £8.3 billion in the year up to November 2024

Politics

3 d. ago Trump's latest auto tariffs explained: What car buyers should know this year

President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts will send ripple effects through an industry that is already being pummeled by steel and aluminum import duties and on-again, off-again 25% levies on Canada and Mexico

Politics

3 d. ago Donald Trump's overseas car tariffs are 'gift to the Chinese' and will see 'world retaliate'

Donald Trump's proposed overseas car tariffs have been slammed by an expert, who issued a stern warning to the US president saying 'look what happened to Tesla'

Politics

3 d. ago UK politics live: Starmer vows to ‘put national interest first’ as he seeks deal with Trump over car tariffs

The US is the second largest export market after the European Union for cars built in the UK

Politics

3 d. ago Starmer seeks deal with US to avoid trade war after Trump’s car tariff blow

The Prime Minister said he did not want a ‘trade war’ with the US but that all options remained on the table.

Economics

3 d. ago US trading partners warn of retaliation to Trump’s 25% car tariffs

Automakers’ shares drop as Asian, European and North American countries rush to respond to US president’s latest measures

Events

3 d. ago Japan says ‘every option’ on table as global car industry reels from Trump’s 25% tariffs

Automakers’ shares drop as trade partners rush to respond to US president’s latest measures

Politics

3 d. ago Trump tariffs: Britain scrambling to strike last minute deal to avoid 25% levies on car imports to US

The US president’s tariff on cars move came only hours after Britain’s budget watchdog warned the levies could force Chancellor Rachel Reeves to raise taxes or cut spending

Economics

3 d. ago Trump’s car tariffs pile pressure on Reeves’ new economic plan

Office for Budget Responsibility warns a global trade war risks eliminating UK chancellor’s fiscal headroom

Economics

3 d. ago Trump tariffs: Reeves says UK isn't planning to retaliate 'at the moment' after US President slaps 25% levies on car imports

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending

Politics

3 d. ago Donald Trump imposes 25% tariffs on car imports dealing new blow to UK and global economy

The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending

Economics