Trump’s 25% auto tariffs hit April 2, disrupting the industry. Experts warn of supply chaos, plant shutdowns and soaring vehicle prices.
Trump’s March 26 tariff move could reshape global auto flows. With 25% duties looming, the industry braces for a “Covid-style shock.”
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As tariffs on parts loom, USMCOC’s president and CEO, Albert Zapanta, discusses tariffs, USMCA and supply chain shifts.
Automakers race to reroute vehicles before 25% US auto tariffs hit on April 2, straining ports, logistics networks and cross-border supply chains.
US businesses face $30 billion in annual costs if the USTR goes ahead and imposes service fees on Chinese vessel operators and companies using Chinese-built vessels.
