Details on the newly announced tariffs have not been made public but now include semiconductor chips and pharmaceuticals
A series of mistakes appear to have led to this pickup’s untimely demise
The President didn’t specify the tariff amounts or which nations would be targeted
Ford’s CEO Jim Farley says that the introduction of tariffs will add cost and cause chaos in the American auto industry
Almost 45% of all VW Group models sold in the United States last year were built in Mexico
Jim Farley doesn’t think it’s fair Japanese and South Korean brands are avoiding new tariffs
This is another case of what is known as the “central dispatch double brokering scam”
Many of the most popular cars sold in the US are produced in Canada and Mexico
The pause comes shortly after Canada said it would hit $155 billion worth of US imports with 25% tariffs
A trade war between the three countries could end up hurting American consumers
Tesla could be targeted by Canada with a 100% tariff
Uncertainty over future Trump administration policy has forced Nissan to move cautiously
The special edition doesn’t come with any performance or chassis upgrades, retaining the standard 1.5-liter engine
Vehicles and parts imported from Canada and Mexico could become significantly more expensive
With 25% tariffs being proposed, new car buyers shopping at the more affordable end of the market could be hit especially hard
New car buyers in Mexico are swapping BMWs and Audis for BYDs and Zeekrs
The Japanese carmaker joins Ford, GM and other big companies on the donators’ list for Trump’s second inauguration
Lower labor costs in Mexico versus Germany would be better suited to the compact hatch whose margins are smaller than an SUV’s
