As President Trump puts new tariffs on goods from China and threatens a trade war with allies like Mexico and Canada, one global company is likely to suffer less than most of its competitors: Tesla. But the electric car maker…
Tag: Automobiles
Mexico Is Bracing for Tariffs, Eager for Its President’s Response
On Thursday morning, President Claudia Sheinbaum of Mexico plans to speak with President Trump, in a last-ditch attempt to avert the 25 percent tariffs that Mr. Trump imposed this week on her country’s exports, which would devastate its economy. But…
Trump to Pause Auto Tariffs for Canada and Mexico for One Month
President Trump said on Wednesday that he would pause tariffs on cars coming into the United States from Canada and Mexico for one month, after a 25 percent tariff that he placed on America’s closest trading partners a day earlier…
As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
The trucks that carry about $300 million worth of auto parts each day over the bridge from Windsor, Ontario, to Detroit are still rolling as usual. But in the aftermath of President Trump’s decision to impose 25 percent tariffs on…
How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada
It is not an exit anyone would have expected. Justin Trudeau will end his final days as Canada’s prime minister with the country tossed into economic turmoil if President Trump follows through on his plan Tuesday to impose 25 percent…
Elon Musk Is Focused on DOGE. What About Tesla?
Elon Musk’s role as President Trump’s cost-cutting czar and his immersion in right-wing politics appears to be diverting his attention from Tesla at a perilous moment for the electric car company. Tesla’s car sales fell 1 percent last year even…