President Trump's 25% tariffs on imported vehicles are set to reshape the automotive industry, leading to skyrocketing prices, diminished sales, and a significant economic impact. Analysts warn of a long-lasting structural shift in how cars are manufactured and sold.
In response to President Trump's 25% tariffs on imported vehicles, South Korea announces a robust support plan for its auto industry, including financial aid and tax cuts to boost demand.
With President Trump's 25% tariffs on imported vehicles set to take effect, auto dealerships brace for a surge in customers looking to avoid skyrocketing prices. Experts warn that costs for new and used cars could rise by thousands, pushing consumers to make hasty decisions.
