In the March 31 letter also addressed to Secretary of the Treasury Scott Bessent and U.S. Trade Representative Jamieson Greer, MichAuto and the Detroit Regional Chamber advised against proceeding with tariffs on assembled vehicles from Canada and Mexico and parts that come from outside of North America.
Insurify: The national average cost of full-coverage car insurance could increase by 8% by the end of the year with the tariffs in effect.
U.S. auto sales likely inched higher in the first three months of the year on steady demand, data from the carmakers will show on Tuesday, as the industry braces for the fallout of President Donald Trump's latest tariffs.
The president of the united Auto Workers union is praising President Trump's tariffs on foreign-made vehicles, but says it can't stop there.
There are still a lot of unknowns, but if this remains in place, there will clearly be some pain for the companies to digest.”
Trump’s political base of rural supporters could be among those bearing the brunt of the import taxes. About half of voters reporting household incomes of less than $50,000 annually backed Trump's 2024 election, along with 56% of voters without college degrees, according to an Edison Research exit poll.
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WASHINGTON (Reuters) -Two Michigan business groups urged President Donald Trump to halt plans to impose sweeping 25% tariffs on imported vehicles and parts, saying it would lead to dramatic price hikes,
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UAW President Shawn Fain praised President Donald Trump's tariffs over the weekend at a speech at Wayne State, saying Democrats could have acted better on trade and offshoring.
The 25% auto tariffs, set to take effect on April 3, will apply to imported passenger vehicles, including cars, SUVs, minivans, cargo vans and light trucks, according to a White House statement released after Trump's Oval Office remarks on Wednesday.
Japan will keep up a strong push for the United States to exempt it from auto tariffs, Prime Minister Shigeru Ishiba said on Tuesday, while vowing to take the necessary steps to cushion the blow to the economy and jobs.