But "costs are just kind of hovering," which may not placate voters concerned about affordability.
Trump's new tariffs and elimination of $7,500 EV tax credit have sharply increased auto production costs & disrupted demand. Read full analysis here.
Yonhap News Agency on MSN
(Lead) Trump says US is raising auto, reciprocal tariffs on S Korea
U.S. President Donald Trump said Monday that he's raising "reciprocal" tariffs and auto tariffs on South Korea to 25 percent ...
Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the ...
Shares of some of Europe's biggest carmakers fell on Monday morning.
This is read by an automated voice. Please report any issues or inconsistencies here. It’s been a rollercoaster of a year for U.S. trade policy. President Trump launched a barrage of new tariffs in ...
The year 2025 was a pathbreaking one for the auto industry. That was not wholly unexpected following the triumph of now-President Donald Trump in the 2024 election. But the speed and scale of changes ...
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a ...
President Trump threatens 100 percent tariffs on all Canadian goods if Ottawa proceeds with a China trade deal, risking the ...
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