Carmakers Stop Plants, Ponder Prices as Trump’s Tariffs Hit
Vehicles bound for export in Ulsan, South Korea. (SeongJoon Cho/Bloomberg News) Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars were already reverberating around the globe. Jeep maker Stellantis NV plans to temporarily halt some production in Canada and Mexico. Ford Motor Co. began offering steep discounts to keep customers coming ...more