Tariffs imposed under President Trump have added around $35 billion in costs to the auto industry, prompting a surge in used vehicle sales and the release of more affordable, feature-reduced models.
At least a dozen electric vehicle models have been discontinued, paused, or cancelled in the US in 2026, including Tesla’s Model S and Model X, Honda’s entire 0 Series, the Volvo EX30, BMW’s i4 and iX ...
Tesla is selling Shanghai-made Model 3 sedans in Canada at C$39,490, nearly half the C$79,990 price of the Fremont-sourced model, after Prime Minister Carney’s January 2026 trade deal with Beijing cut ...
Prices for clothing, vehicles and appliances are continuing to rise. The U.S. Supreme Court struck down Donald Trump's tariffs in February 2026, and new tariffs have since replaced them under a ...
Brussels imposed hefty import tariffs on China-made EVs in 2024 Volkswagen's deal highlights model-by-model tariff exemption approach Europe has become crucial market for China after blocked access to ...