Car makers brace for huge financial impact of Trump tariffs

Car makers in the UK and Europe are bracing for what for many will be the biggest financial shock since Covid when the newly announced 25% tariff on cars imported into the US are applied on 2 April.

The tariffs apply to all cars and light commercials imported into the US that aren’t covered by the Mexico-US-Canada automotive tariff agreement, significantly raising the cost of doing business in the US.

  • Related Posts

    Electric Nissan Micra unwrapped: Renault 5 twin due this year

    The Nissan Micra will return this year as an electric car twinned with the Renault 5, developed with a focus on the European market. The fifth generation of the supermini will…

    Jeep Avenger Review 2025, Price & Specs

    The e-Hybrid’s engine appears rather measly on paper, and with a 0-62mph sprint of 10.9sec, it won’t be winning any sprint races. But it’s torquey off the line, bolstered by…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Jeep Avenger Review 2025, Price & Specs

    Jeep Avenger Review 2025, Price & Specs

    Electric Nissan Micra unwrapped: Renault 5 twin due this year

    Electric Nissan Micra unwrapped: Renault 5 twin due this year

    The best Porsches on sale now

    The best Porsches on sale now

    Dacia Bigster Review 2025, Price & Specs

    Dacia Bigster Review 2025, Price & Specs

    Car makers brace for huge financial impact of Trump tariffs

    Car makers brace for huge financial impact of Trump tariffs

    Is the hydrogen car dream as good as dead?

    Is the hydrogen car dream as good as dead?