Reported about 10 hours ago
Donald Trump's recent threats to impose 25% tariffs on vehicles from Mexico and Canada have left US automakers and consumers in a state of uncertainty. The potential tariffs could lead to significant price increases for vehicles, costing the industry $110 million daily and risking a total of $40 billion for the year if production shifts do not occur. With many automakers reliant on parts from these countries, the stakes are high as they grapple with how to manage the looming costs and market implications of Trump's tariff policies.
Source: YAHOO