Reported about 11 hours ago
The U.S. auto industry, particularly the major automakers like GM, Ford, and Stellantis, has shown 'extreme sensitivity' to tariffs announced by President Trump. He recently provided a one-month exemption for these companies, highlighting the industry's importance to the economy and the potential backlash from consumers in key states. Experts predict that new tariffs could increase vehicle prices significantly, impacting consumer satisfaction and the overall market.
Source: YAHOO