Tariffs

Ford Projects 'Significant' Negative Impact of Mexico Tariffs

Ford Motor Co. would feel a "significant impact" if the Trump administration imposes a tariff on cars, engines, and other automotive components it imports from Mexico, a top executive has told investors.

Truck and Auto Manufacturers Strongly Reject Trump’s Latest Tariff Threat

Truck and automobile components and parts manufacturers came out strongly against President Trump’s latest threat to impose a 5% tariff on Mexican imports, saying that it would only serve as an additional tax on the American people and put jobs and investment in the U.S. at risk.

Tariffs on Chinese Truck Tires Already in Effect

It didn't take long for tariffs to be implemented after the International Trade Commission reversed its stance on imported tires from China. As of Feb. 15, new tires from China are being subjected to tariffs.

China Reduces Tariffs on Imported Vehicles

China will suspend the additional 25% tariff imposed on U.S. auto imports for three months starting Jan. 1, the Chinese Finance Ministry announced Friday.

Trump Seeks to 'Equalize' China Auto Tariffs

President Donald Trump ordered U.S. Trade Representative Robert Lighthizer to "examine all available tools to equalize the tariffs applied to automobiles" built here and sold in China, Lighthizer said, describing China's 25% hike on American imports as "egregious."

Tariffs on Hold as Trump Weighs National Security Impact

President Donald Trump is "not ready to act" on threatened auto import tariffs following a Tuesday meeting with his top trade advisers, an anonymous source told Bloomberg.

Will Truck Sales Momentum Continue Through 2019?

Despite an overall positive truck sales forecast for 2019, tariffs and trade wars could be stumbling blocks that trip up the economy and send freight and truck sales downward, said two longtime industry analysts.

Trump Auto Tariffs 'Premature,' Commerce Secretary Says

President Donald Trump's threat to impose tariffs on foreign vehicles may not come to pass, after Commerce Secretary Wilbur Ross said it's "premature" to say the plan will move forward in a Monday appearance on CNBC.

Retread Instead Meets with Congressmen on Capitol Hill

A team of Retread Instead supporters participated in this year’s Tire Industry Association-sponsored Federal Lobby day educating legislators on the economic benefits of tire retreads compared to cheap foreign options.

President Trump Threatens EU with 20% Tariff on Auto Imports

The EU has planned to issue retaliatory tariffs in response.

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