Whitewall tires were the height of automotive fashion in the 1950s, but have fallen out of favor in the intervening decades.
Auto bonds issued by major U.S. automakers have been hit by selling pressure in the final full week of March, increasing after Trump announced plans to apply 25% tariffs soon on vehicles not made in ...
Americans could pay an additional $5,000 to $10,000 per imported vehicle, which accounts for half of all sales in the country.
If the taxes are fully passed onto consumers, the average price on an imported vehicle could jump by as much as $12,000.
Trump's current focus looks like a step down from his campaign rhetoric. During the 2024 White House race, Trump called for universal tariffs of 10% to 20% on all imports, as well as a tax of 60% or ...
While the news is certainly good for those sectors, there’s still plenty of uncertainty about what the White House might do ...
Rejecting economic vibes was a mistake of the past administration, but now the White House is dismissing the vibes and the ...
Click to register for free. Wall Street is enjoying a strong bounce at the end of a turbulent week that sent the S&P 500 into correction territory for the first time since October 2023.
NEW YORK: Wall Street ended sharply lower on Thursday (Mar 13) and the S&P 500 confirmed it is in a correction after cool inflation data was overshadowed by fears that the escalating ...
After a brief turn higher, the S&P 500 shed 42 points, or 0.8%, to finish at 5,572. At its daily low, the index was 10% below its record close notched last month. "Ten percent declines happen more ...
White House press secretary Karoline Leavitt calls recent stock ... following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set last ...