Reported about 6 hours ago
President Trump's 25% tariffs on vehicles from Canada and Mexico have raised concerns in the U.S. auto industry, particularly regarding the impact on popular pickup trucks. In response, the White House announced a temporary exemption for certain North American-built vehicles, allowing the industry some leeway. This move aims to stabilize prices for consumers while automakers navigate the complexities of the tariffs and the intricate supply chain involving parts crossing borders multiple times, which could potentially lead to significant financial repercussions for the industry.
Source: YAHOO