Ford Motor is increasing the prices of its Mustang Mach-E, Maverick, and Bronco Sport models by up to $2,000 starting May 2, amid uncertainty caused by President Trump's tariffs. This move follows the company's warning of $2.5 billion in costs due to ongoing trade tensions.
The US has implemented a 25% tariff on imported auto parts, potentially increasing vehicle prices and repair costs. This move, part of Trump's push for domestic manufacturing, has far-reaching implications for car owners.
In a controversial interview, Trump declared he doesn't mind if auto prices rise due to his tariffs, claiming they will boost American car sales. His stance raises questions about the impact on consumers amid rising costs.
Stock markets tumble as auto tariffs loom, risking higher vehicle prices for consumers and potential supply chain disruptions. Could this move reshape the U.S. auto industry forever?
