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Trump Signals U-Turn on Chinese Tariffs – Potentially Big News for Auto Industry

Trump Signals U-Turn on Chinese Tariffs – Potentially Big News for Auto Industry

President Trump signaled tariffs on Chinese imports would “come down substantially,” though no specifics have yet been released by the White House. The news had stock markets rallying and automakers hoping this could reduce their own burden, analysts previously warning that tariffs could cost the U.S. industry up to 2 million sales this year. But manufacturers are still facing big hits from tariffs on Mexican and Canadian-made autos and auto parts, reports Headlight.News.

Musk Says He’s Returning in a Month to Focus on Tesla

Musk Says He’s Returning in a Month to Focus on Tesla

Tesla CEO Elon Musk attempted to use the EV maker’s earnings calls to quell concerns about his work with the Trump administration. He plans to leave his day-to-day role at the Department of Government Efficiency in a month to focus on Tesla. Get details about Musk’s plans and Tesla at Headlight.News.

Higher Tariffs, Plummeting Consumer Confidence, Threaten to Crash Auto Sales

Higher Tariffs, Plummeting Consumer Confidence, Threaten to Crash Auto Sales

The outlook for the automotive industry is starting to look increasingly dim, automakers frantically searching for a way to respond to the Trump administration’s broad tariff on imported autos and auto parts. The question is whether to raise prices and risk a sharp slump in sales or absorb tariffs and crash earnings.

Trump May Offer Exemptions on Import Auto Tariffs

Trump May Offer Exemptions on Import Auto Tariffs

President Donald Trump signaled he may again reverse himself on a key part of his tariff plan, this time telling reporters that he is “looking at” temporary exemptions from the 25% tariffs covering imported autos and auto parts. Experts warned that plan would add thousands of dollars to the cost of both U.S. and foreign-made vehicles and cost the industry nearly 2 million sales for all of 2025. Headlight.News has more.

Trump Pauses Most Tariffs – But Leaves Those Impacting Autos in Place

Trump Pauses Most Tariffs – But Leaves Those Impacting Autos in Place

President Donald Trump paused for 90 days most of the tariffs that went into effect earlier this month targeting virtually all U.S. trade partners. But he left in place sectoral tariffs, notably including those imparting import autos and auto parts, as well as foreign-made steel and aluminum. He also increased tariffs on countries, such as China, that responded to his original order with increased trade sanctions of their own. Headlight.News has more.

Frantic Automakers Search for Trump Tariff Strategies

Frantic Automakers Search for Trump Tariff Strategies

Tariffs continue to dominate the auto industry, manufacturers around the world struggling to figure out formulas that will minimize the impact on consumers – and U.S. sales – while avoiding budget-busting new costs that could send their balance sheets deep into the red. Here are some of the latest developments.

New Car Sales Jump in March But Tariffs May Cause 1.8M Drop in 2025 Sales

New Car Sales Jump in March But Tariffs May Cause 1.8M Drop in 2025 Sales

Automakers got to celebrate a bit in March as new vehicle sales jumped 10.7% compared to year-ago numbers. However, that celebration is likely to be short-lived, if the assertions in a new report prove true. The tome authored by Telemetry’s Sam Abuelsamid predicts sales will fall 1.8 million units in 2025 and the next several years don’t look much better, reports Headlight.News.