Americans feeling impact of Trump's trade war
President Trump's trade war is already being felt in the heartland. Americans feeling the crunch are concerned that tariffs could stretch thin budgets even thinner. Lana Zak reports.
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President Trump's trade war is already being felt in the heartland. Americans feeling the crunch are concerned that tariffs could stretch thin budgets even thinner. Lana Zak reports.
A 25% tariff could mean higher car costs for consumers. CBS News senior business and tech correspondent Jo Ling Kent joins "CBS Mornings" to explain how to secure a good loan and red flags to look for when purchasing a car.
President Trump's newly announced 25% tariffs on all vehicles and auto parts imported into the U.S. is set to take effect April 2.
President Trump hopes 25% tariffs on auto imports will grow America's manufacturing base and reduce the nation's debt, but will it lead to short-term price spikes for American car buyers? Kelly O'Grady explains.
The new tariffs that go into effect next week will raise the cost not only of imported cars but of the parts needed to repair them. And that will mean higher premiums for car insurance. Ash-har Quraishi has more.
President Trump withdrew New York Rep. Elise Stefanik's bid to be the next ambassador to the United Nations on Thursday, with Republicans' tight House majority likely to blame. Plus, the Dow Jones and some auto stocks dropped one day after the president announced a 25% tariff on imported cars. CBS News' Ed O'Keefe, Nikole Killion and Kelly O'Grady have the latest.
The Dow Jones closed in the red on Thursday, with Ford stocks falling more than 3% and General Motors stocks falling more than 6% as investors reacted to President Trump's new 25% tariff on auto imports. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Reaction to Trump's 25% auto tariffs include neighbors who insist "there shouldn't be any tariffs," to adversaries who say nobody will win a trade war.
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.
President Trump imposed a 25% tariff on all cars imported into the U.S. on Wednesday. The announcement comes as his administration continues to deal with the aftermath of a leaked Signal group chat among top officials. Political strategists Liza Acevedo and Justin Sayfie join "America Decides" with analysis.
A 25% tariff on imported vehicles and vehicle parts from Canada and Mexico is set to take effect on April 2.
On April 2, a 25% tariff on imported automobiles and parts is due to go into effect. Carter Evans reports that, for car shoppers, it could be a case of buy now or pay more later.
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, the White House announced. Weijia Jiang has more.
President Trump is offering an economic reprieve to the Big Three automakers. The White House announced on Wednesday that Ford, General Motors and Stellantis would receive a one-month exemption from his tariffs. CBS News' Fin Gomez and Kelly O'Grady have the latest.
The White House announced that President Trump would delay tariffs on cars from Mexico and Canada for 30 days. CBS News' Olivia Rinaldi and Caitlin Huey-Burns have the latest on Trump's tariffs.
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.
Overall EV sales in Europe surged 34% in January, while Tesla saw its sales across the continent plummet by a staggering 45%.
A faulty hydraulic control unit on the trucks could cause certain braking and tracking systems to fail.
Osamu Suzuki, the charismatic former boss of Japanese mini-vehicle maker Suzuki Motor Corp., has died.
As Honda and Nissan move toward a potential merger, the auto industry's shift away from gas-powered vehicles could significantly impact your next car purchase. Kelly O'Grady explains what this merger could mean for consumers.
State-of-the-art technology and luxury make trading in your clunker for a new car very tempting. But experts say crunch the numbers first. Elise Preston explains.
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins "The Daily Report" to discuss the potential impact and when consumers should buy.
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, joins "America Decides" to discuss the future of EVs in the second Trump administration.
Stellantis CEO Carlos Tavares has resigned after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales.