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Trump places 25% tariff on imported autos. Carmakers could face higher costs and lower sales

Trump places 25% tariff on imported autos. Carmakers could face higher costs and lower sales

WASHINGTON (AP) — President Donald Trump said he was placing 25% tariffs on auto imports , a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.
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Global automakers say Trump's tariffs will be painful for them and US consumers

Global automakers say Trump's tariffs will be painful for them and US consumers

FRANKFURT, Germany (AP) — Whatever the U.S. gains from President Donald Trump's 25% tax on imported cars – and experts are skeptical – automakers around the world are bracing for a lot of pain.
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Shares of GM and other automakers slump as they face higher costs from Trump tariffs

Shares of GM and other automakers slump as they face higher costs from Trump tariffs

NEW YORK (AP) — Shares of major automakers slumped following President Donald Trump's announcement that he will place 25% tariffs on auto imports . Automakers have spread out their supply chains and production facilities throughout North America.
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S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement

S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement

TORONTO — Canada's main stock index ended Thursday unchanged from a day earlier, while U.S. markets were down after U.S. President Donald Trump announced plans for auto tariffs. U.S.
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Prosecutors in the killings of 4 Idaho students seek to use man's crime scene paper as evidence

Prosecutors in the killings of 4 Idaho students seek to use man's crime scene paper as evidence

Prosecutors in the case of a man charged in the killings of four University of Idaho students are seeking to use as evidence a college paper he wrote that shows his knowledge of crime scenes, according to a court filing this week.
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Shares of GM and other automakers slump as they face higher costs from Trump tariffs

Shares of GM and other automakers slump as they face higher costs from Trump tariffs

NEW YORK (AP) — Shares of major automakers slumped following President Donald Trump's announcement that he will place 25% tariffs on auto imports . Automakers have spread out their supply chains and production facilities throughout North America.
Read more >
Latest U.S. auto tariffs a recipe for higher prices, layoffs across North America

Latest U.S. auto tariffs a recipe for higher prices, layoffs across North America

TORONTO AND OSHAWA, ONT. — The auto industry is sounding the alarm about U.S. President Donald Trump's latest tariff announcement, which could weigh on companies, raise consumer prices and result in job losses.
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Eleven suspects from Quebec charged in alleged Toronto-area auto theft ring: police

Eleven suspects from Quebec charged in alleged Toronto-area auto theft ring: police

WHITBY, Ont. — Police say nearly a dozen people from Quebec have been charged as part of an investigation into organized auto thefts east of Toronto.
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Premier Susan Holt says U.S. auto tariffs will affect New Brunswick businesses

Premier Susan Holt says U.S. auto tariffs will affect New Brunswick businesses

FREDERICTON — Ontario is the home of Canada's automobile industry, but a new tariff on auto imports announced by U.S. President Donald Trump would have a spillover effect for businesses in New Brunswick, Premier Susan Holt cautioned Thursday.
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Global automakers say Trump's tariffs will be painful for them and US consumers

Global automakers say Trump's tariffs will be painful for them and US consumers

FRANKFURT, Germany (AP) — Whatever domestic economic gain comes from U.S. President Donald Trump’s new 25% tax on imported cars – and experts are skeptical – automakers around the world are bracing for a lot of pain.
Read more >