The company run by Mr. Trump’s confidant, Elon Musk, makes the cars it sells in the United States in factories in California and Texas. As a result, it is perhaps the least exposed to tariffs.

The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers. By Ana Swanson Jack Ewing and Tony Romm President Trump said on ...

President Donald Trump signed an executive order Wednesday imposing 25% tariffs on all cars and light-duty trucks imported into the U.S., saying it would force more automakers to move into the ...

March 27 (Reuters) - Shares of highly shorted Hertz (HTZ.O), opens new tab and Avis Budget Group (CAR.O), opens new tab surged on Thursday as U.S. President Donald Trump's plan to slap a 25% ...

Auto and car parts may be excluded from the tariffs due to compliance with the USMCA. The White House plans to unveil reciprocal tariff measures on April 2, but planning remains flexible.

ANKARA/BEIJING, March 26 (Reuters) - Turkey said on Wednesday that Chery Automobile's partners will invest $1 billion in a manufacturing facility in the country with an annual capacity to produce ...

The major stock indexes closed down on Wednesday. President Donald Trump announced on Wednesday plans to slap 25% tariffs on all imported cars, escalating a global trade war just weeks after ...

WASHINGTON − President Donald Trump on Wednesday imposed 25% tariffs on imported automobiles, barreling forward with a whiplash economic strategy that has rattled markets and ignited a global ...