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Mexico, the United States’ biggest foreign source of auto parts, is largely exempt from tariffs — but prices are still likely ...
President Trump's tariffs on foreign-made auto parts began on May 3, with automakers receiving some concessions from the administration but still feeling the heat on others.
President Trump is expected to soften the impact of his automotive tariffs on Tuesday. He said automakers should not be ‘penalized’ if they can’t get car parts. Photo: Mandel Ngan/AFP/Getty ...
Advance Auto Parts plans to close hundreds of stores, four distribution centers and slash jobs amid the sluggish demand for vehicle parts, the company said this week.. The announcement came with ...
The average car buyer doesn’t think about where the parts in their vehicle come from – but automakers do. That’s why a new round of auto tariffs – this time on parts – coming into effect ...
Mr. Trump’s decision to exempt many parts from Canada and Mexico will, however, ease the burden on some companies. The auto industry accounts for about 5 percent of Mexico’s gross domestic ...