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Tesla, Ford, GM In Focus: After Tariffs On China, Mexico, And Canada, Trump Now Eyes Auto Industry For Next Move

Benzinga LogoBenzinga4d ago

Tesla, Ford, GM In Focus: After Tariffs On China, Mexico, And Canada, Trump Now Eyes Auto Industry For Next Move - Benzinga

Quick Summary:

What Happened: Trump, during an executive order signing session on Friday, suggested that auto tariffs could be implemented as early as April 2, reported Reuters.“I would have done them on April 1… But we’re going to do it on April 2.” This announcement follows a series of trade actions since his second term began on Jan.20, including tariffs on all Chinese imports, delayed tariffs on Mexican and Canadian goods, and the initiation of tariffs on imported steel and aluminum.

President Donald Trump hinted at the possibility of imposing tariffs on automobiles, continuing his aggressive trade policy.

Ford Motor Chief Executive Jim Farley took to X after Trump’s remarks, saying, “We applaud President Trump’s idea to look at all vehicle ...


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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-15 @ 08:15:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26164975

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 15 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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