Supreme Court stops Trump tariffs
Digest more
Despite Friday's SCOTUS ruling, many tariffs affecting the auto industry will remain. So will the other dynamics that have led to today's historically high car prices.
According to an expert, the Supreme Court's ruling against Trump's global tariffs offers little relief to the auto industry, with car prices likely to remain high.
7hon MSN
With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates
President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
Initially, business owners thought relief could be in sight, but now economists warn that more uncertainty could make changes unlikely.
A Supreme Court ruling struck down several of President Donald Trump's tariffs, potentially lowering consumer prices in the long run. The decision could reduce the cost of car manufacturing, providing relief for car brands and buyers. Auto parts have been ...
The Supreme Court tariff ruling blocks emergency tariffs, leaving the auto industry and car buyers uncertain about prices, refunds
US automakers now make just a quarter of the cars assembled in Canada. They’re losing influence with Mark Carney’s government, which is looking overseas.
“Sales notched a 6-year high last year, but are expected to retreat this year as economic growth remains subdued under the influence of tariffs. Production is also expected to decline in 2026, with shift reductions and idled plants weighing on output,” he said.