Trump's Auto Tariff Decision Raises Concerns Over Economic Impact
#TrumpTariffs #AutoIndustryTrump's 25% tariffs on autos may add $6,000 to the average car's sticker price, potentially angering inflation-weary consumers and voters. The move aims to boost domestic production, but experts doubt its effectiveness, with potential repercussions on auto sales and production. read more
Trump Imposes 25% Tariff on Foreign Autos, Auto Parts
#AutoIndustry #TariffsPresident Trump's new 25% tariffs on vehicles not made in the U.S. and specific auto parts will impact the industry already facing steel and aluminum import duties. This will result in a surge in new vehicle prices and could shift buyers towards the used market. read more
#AutoIndustry #HealthRisks
Cars in a St. Louis auto-dealer lot exhibited on April 15, 2020. A study indicates that flame retardants in auto seats have health risks, with 99% of car-air samples containing carcinogens or potential carcinogens. Recommendations include reducing flame retardant use in vehicles. read more