Why This Used Car Company Thinks Tariffs Could Be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
Tag: Auto
Business 1 month ago
World 1 month ago
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.
World 2 months ago
Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
Business 2 months ago
White House Looks to Take Steps to Ease Pain From Car Tariffs
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
World 2 months ago
How Trump, Trudeau and Tariffs Upended Canada’s Political Landscape
After nearly a decade in power, the Liberal Party seemed destined to be swept out on a wave of anti-incumbency sentiment. Then events took a surprising turn.
News 2 months ago
Trump Says He Wants to Save the U.S. Auto Industry. His Policies Could Destroy It.
President Trump has created what could be called a Luddite trap for the American auto industry: His tariffs aim to protect it from foreign competition, while his domestic policies threaten to cut it off from innovation. Together, they risk leaving U …