European automakers, already struggling with tepid economic growth at home and rising competition from China, on Thursday decried the U.S. import tax on cars as a heavy burden that will punish

The auto tariffs will be felt sharply in Europe, for whom the U.S. is the biggest export market for an industry that supports nearly 14 million jobs.

March 26, 2025: President Trump announces a 25% tariff on almost all imported cars to be effective April 3, 2025, and on key auto parts planned for May 3. March 12, 2025: The U.S. announces Increased tariffs on steel and aluminum to 25% globally. March 4, 2025: Trump increases tariffs on Chinese imports to 20%.

Trump's sweeping reciprocal tariffs, set to take effect Wednesday, could cut $763 billion from global GDP by 2027, with the US economy facing the steepest losses.

The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy. By Jeanna Smialek and Melissa Eddy Jeanna Smialek reported ...

President Trump’s 25% tariffs on all vehicles imported to the U.S. will hurt global automakers as well as U.S. domestic manufacturing, the European Automobile Manufacturers’ Association said Thursday.

An American Compass analysis attributes the quotas to an 8% increase in the cost of vehicles, more than 100,000 new U.S. jobs, eight new auto assembly plants, 300 new production facilities and more than $25 billon in foreign investment.

President Donald Trump is set to unveil his latest round on tariffs on Wednesday. Here's how the tariffs could impact bourbon, farmers and autos in KY

European automakers, already struggling with tepid economic growth at home and looming Chinese competition, on Thursday decried the U.S. import tax on cars as a new, heavy burden that would hurt compa

European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.