Volvo
2018 Volvo XC60: New Sweden made models dodge Trump’s China tariffs
President Trump has a slapped 25% tariff on cars imported from China, so Volvo has shifted the supply source of American XC60 SUVs from China to Sweden.
tariffs
General Motors
GM warns Trump tariffs will lead to loss of US jobs
General Motors has told the US Commerce Department any increase in automotive import tariffs could seriously threaten GM’s presence in its home market.
Toyota
Toyota Camry prices to rise by $1800 if Trump enacts 25% tariffs
Although made in Georgetown, Kentucky, the cost of Toyota Camry would rise by $1,800 if President Trump enacts a 25% import tariff on cars and components.
Buick
Buick Envision price will jump by $8,000 due to Trump’s China tariffs
The Trump administration will begin 25% tariffs on about US$34 billion worth of Chinese goods from from July 6, 2018, and includes Chinese cars.