Data: Wards Automotive and Barclays; Chart: Axios VisualsPresident Trump’s increased tariffs on imported vehicles will hit foreign automakers the hardest, though domestic automakers General Motors and Ford will also face a significant impact.Why it matters: Experts expect automakers to raise prices to make up for at least part of the cost.The exact percentage increase will depend on each’s automaker’s willingness to absorb tariffs…
Read More
2025-03-27