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Canada, Mexico and tariffs

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Associated Press News |
Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
U.S. News & World Report |
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.

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Tariff-related layoffs hit five US auto plants that supply factories in Canada and Mexico
Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off.
Stellantis temporarily halts production at 2 plants in Canada, Mexico as auto tariffs take effect
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
Canadian prime minister says Canada will match US auto tariffs
Carney, a former two-time central banker in Canada and the UK, said Trump’s actions will reverberate in Canada and across the world.
Stellantis Temporarily Halting Production at 2 Plants in Canada, Mexico
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles
Jeep-Maker Stellantis Idles Canadian, Mexican Factories in Response to Tariffs
Jeep-parent Stellantis is temporarily halting production at its auto assembly factories in Mexico and Canada, a day after the Trump administration’s new tariffs on vehicle imports went into effect. The European-based automaker,
Stellantis moves to contain tariff fallout, halts production in Mexico and Canada
In the wake of President Trump’s Executive Order, Stellantis (NYSE:STLA) quickly went into damage-control mode by announcing it will temporarily lay off 900 U.S. workers and pause production at two assembly plants in Canada and Mexico.

Auto, New Car and Tariffs

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Impacts
The New York Times |
Tariffs on imported vehicles took effect Wednesday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousand...
Yahoo |
President Trump announced a 25% tariff on all foreign-made automobiles.
MarketWatch |
President Donald Trump’s array of tariffs will increase new-car prices anywhere from $5,000 to $15,000, according to Wedbush analyst Dan Ives.

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Tariffs could influence auto shop prices
Car owners may see the impact of tariffs at their auto repair shops, even if they aren’t buying a new car.April 3, 2025
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford Motor on Thursday announced that it would allow car shoppers to buy its 2024-25 vehicles, including gas, electric and hybrid-powered models, at the discounted price the automaker offers to its employees.
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
President Trump announces tariff on foreign-made automobiles taking effect Thursday
President Trump announced a 25% tariff on all foreign-made automobiles. Those tariffs are set to go into effect Thursday.
Trump: 25% Auto Tariffs Effective at Midnight
President Trump said he is imposing tariffs of 25% on all foreign-made automobiles that will take effect at midnight.
Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.
New-car prices could climb $15,000 under Trump’s tariffs — and ‘no one’ wins, Wall Street analyst says
If you know you need a new car soon anyways, there’s a pretty good argument for acting as fast as you can,” says one car-buying expert.
Trump's 25% auto tariffs are in effect. What investors need to know
CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.
Trump announces new round of tariffs
President Donald Trump on Wednesday announced that his administration will be imposing additional tariffs on all foreign-made cars and imports. He says even higher tariffs will be placed on the EU, China,

Trump, Tariffs and Auto Industry

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Impacts
The Wall Street Journal |
“The tariffs are a debacle of epic proportions for the auto industry and U.S. consumers, as the concept of a U.S.-made car with all U.S. parts is a fairy tale fictional narrative,” Dan Ives and other...
Wall Street Journal |
If tariffs raise car prices according to going estimates, a new car payment might eat up 15% of a monthly budget.

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Auto Industry Braces for Major Pain From Trump’s Tariffs
Vehicle prices will surge $5,000 to $10,000 and tariffs will wreak havoc on auto demand, analysts say.
'Worried would be an understatement' for MS auto dealers on Trump's tariffs. Get details
If you want to buy a new or used vehicle in Mississippi, now is the time. That is the word from Marty Milstead, president of the Mississippi Automobile Dealers Association. President Donald Trump said his new tariffs on automobiles and auto parts will punish other countries for unfair trade practices.
Trump's 25% auto tariffs are in effect. What investors need to know.
President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry will play out over the months,
Cars Were Already Unaffordable Before Tariffs
President Trump’s auto tariffs are about to give another boost to car prices that have already surged over the past four years. That will be an additional burden on household budgets.
Q&A: How will Mainers be impacted by auto tariffs? What should I do with my car?
A 25% tariff on all cars and parts imported to the United States went into effect Thursday. President Donald Trump said taxing foreign-made vehicles and parts is intended to boost the American auto-manufacturing industry.
Trump Tariffs to Hit Many Auto Parts
The array of automotive parts that President Trump plans to tariff is more extensive than the industry expected, raising concerns about significant cost increases for U.S.-built vehicles. As part of Trump’s tariff announcement Wednesday,
Auto tariffs are now in effect. What it means for America - and you
President Donald Trump’s auto tariffs, which went into effect at 12:01 am ET on Thursday, have the potential to upend a crucial American industry and raise the cost of tens of millions of cars sold every year across the country.
How Auto Tariffs Are About to Make Cars Even Less Affordable
Analysts estimate President Trump’s auto tariffs could raise the cost of a vehicle by thousands of dollars. Ballpark calculations based on current monthly auto-loan payments and an average American’s income show how that would test U.
Auto tariff to cost US consumers more than $30 bln in first year, report shows
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.
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For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
One manufacturer told NBC News that she had managed to push the existing 45% duty on her products onto American customers.
Auto Tariff to Cost US Consumers More Than $30 Billion in First Year, Report Shows
(Reuters) - U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.
When do auto tariffs take effect? Trump's 25% fee on imported vehicles, parts coming this week
President Donald Trump announced last week that he will impose a 25% tariff on imported passenger vehicles, light trucks and some auto parts. After signing the order last week, Trump said the auto tariff would go into effect on Wednesday, April 2 and begin to be collected on Thursday, April 3.
Domestic Auto Stocks Sink as Trump Tariffs Take Effect
Stellantis ( STLA ), the company behind Fiat and Chrysler, will pause production at plants in Mexico and Canada and assess the tariffs, according to CNBC, which reported that 900 "US-represented employees" would be temporarily laid off. Its shares were recently down more than 5%. (Read Investopedia's coverage of today's markets here .)
Stellantis responds to Trump auto tariff with Canadian, Mexican and U.S. layoffs
Stellantis has responded to the imposition of a 25% auto tariff with the temporary layoff of thousands of Unifor Local 444 members at Windsor Assembly Plant and additional layoffs in Mexico and at U.S.
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