Auto tariffs 101: Should you buy now or later?
Joe McCabe, president and CEO of a provider of automobile industry insights called AutoForecast Solutions, joins FOX 35 to talk about President Donald Trump?s new taxes on imported cars, trucks and auto parts, which are expected to raise the price of imported vehicles by thousands. Those price increases will likely extend to American-made cars, maintenance and even car insurance. Trump said Americans shouldn?t rush to buy cars before the tariffs take effect ? he?s betting that his tariffs will cause the U.S. economy to boom.
Joe McCabe, president and CEO of a provider of automobile industry insights called AutoForecast Solutions, joins FOX 35 to talk about President Donald Trump?s new taxes on imported cars, trucks and auto parts, which are expected to raise the price of imported vehicles by thousands. Those price increases will likely extend to American-made cars, maintenance and even car insurance. Trump said Americans shouldn?t rush to buy cars before the tariffs take effect ? he?s betting that his tariffs will cause the U.S. economy to boom.
Trump set to announce 'reciprocal' tariffs
President Donald Trump is calling today "Liberation Day." He is promising new tariffs, and big stores are promising prices could climb 20%.
President Donald Trump is calling today "Liberation Day." He is promising new tariffs, and big stores are promising prices could climb 20%.
Trump to review potential deals for TikTok on Wednesday
President Trump is meeting with top officials to explore potential buyers for TikTok, with a national ban at stake. Here's what's at risk.
President Trump is meeting with top officials to explore potential buyers for TikTok, with a national ban at stake. Here's what's at risk.
A third of Americans stopped buying eggs; won't revert back until prices drop
Over 30% of Americans have stopped buying eggs due to their exorbitant costs, according to a study by Clarify Capital.
Over 30% of Americans have stopped buying eggs due to their exorbitant costs, according to a study by Clarify Capital.
Maryland man mistakenly deported to El Salvador over 'administrative error'
The U.S. government says it mistakenly deported a Maryland man to El Salvador as part of the Trump administration's recent immigration reforms.
The U.S. government says it mistakenly deported a Maryland man to El Salvador as part of the Trump administration's recent immigration reforms.
Mass layoffs begin at HHS, CDC, NIH, FDA
Lines of HHS employees arrived at work Tuesday to see if they still had a job, by checking if their badges still worked.
Lines of HHS employees arrived at work Tuesday to see if they still had a job, by checking if their badges still worked.
Senate could vote to end emergency declaration Trump uses for Canadian tariffs
Senate Democrats are putting GOP support to the test by forcing a vote to nullify the emergency declaration that forms the basis for Trump's tariffs on Canada. Here's what to know.
Senate Democrats are putting GOP support to the test by forcing a vote to nullify the emergency declaration that forms the basis for Trump's tariffs on Canada. Here's what to know.
Liberation Day: The tariffs we could expect on April 2
"Liberation Day" is what President Donald Trump is calling the day he announces a new round of tariffs targeting foreign goods.
"Liberation Day" is what President Donald Trump is calling the day he announces a new round of tariffs targeting foreign goods.
Ticket fees, scalpers targeted in latest Trump executive order
The order will ensure price transparency at all stages of ticket purchasing.
The order will ensure price transparency at all stages of ticket purchasing.
Poll: Trump is stronger on immigration but weaker on economy
Americans still support the president’s immigration policy but differ when it comes to his stance on tariffs and handling of the economy, a recent poll shows.
Americans still support the president’s immigration policy but differ when it comes to his stance on tariffs and handling of the economy, a recent poll shows.
Can a president run for a third term? What to know after Trump comments
The 22nd Amendment states that "no person shall be elected to the office of the President more than twice."
The 22nd Amendment states that "no person shall be elected to the office of the President more than twice."
Trump announces plan to chop down magnolia tree purportedly planted by Andrew Jackson: 'Must come to an end'
President Donald Trump has revealed plans to remove a tree from the White House thought to have been planted by former President Andrew Jackson in the early 1800s.
President Donald Trump has revealed plans to remove a tree from the White House thought to have been planted by former President Andrew Jackson in the early 1800s.
Trump floats 3rd term idea, suggests 'methods' to extend presidency
He also said “it is far too early to think about it.”
He also said “it is far too early to think about it.”
Trump says he's 'angry' and 'pissed off' at Putin
President Trump did something he rarely does on Sunday morning: He called an NBC News journalist to complain about Russian President Vladimir Putin.
President Trump did something he rarely does on Sunday morning: He called an NBC News journalist to complain about Russian President Vladimir Putin.
Trump stands by security team, says he won’t ‘fire people’ over Signal leak
President Donald Trump is making his clearest commitment to not fire anyone over an embarrassing accidental leak of his administration’s plans for an airstrike against the Houthis in Yemen.
President Donald Trump is making his clearest commitment to not fire anyone over an embarrassing accidental leak of his administration’s plans for an airstrike against the Houthis in Yemen.
Trump tariff protests in Florida: Canada places billboards across Sunshine State, among others
New billboards across Central Florida showcase warnings about how tariffs could impact Americans — paid for by Canada. The billboards are part of a new campaign launched by Canadian government officials, which aims to target 12 states in the United States, including Florida.
New billboards across Central Florida showcase warnings about how tariffs could impact Americans — paid for by Canada. The billboards are part of a new campaign launched by Canadian government officials, which aims to target 12 states in the United States, including Florida.
Should Americans rush to buy a car before the tariffs? Here's what Trump says
President Trump was asked Friday whether Americans should rush to buy cars now before his planned 25% tariffs on imported cars, light trucks and auto parts take effect.
President Trump was asked Friday whether Americans should rush to buy cars now before his planned 25% tariffs on imported cars, light trucks and auto parts take effect.
What is a woman? Trump answers reporter's question
President Trump offered four answers to the question “What is a woman?" as debates over sex, gender, and transgender rights intensify across Republican-led states.
President Trump offered four answers to the question “What is a woman?" as debates over sex, gender, and transgender rights intensify across Republican-led states.
Canada places billboards in Florida, other states
Canada officials say they want Americans to understand how a trade war could impact our pockets. Canada is hitting back against tariffs on our own home turf, with billboards being places in Florida and other states. A billboard in Longwood reads "tariffs are a tax on hardworking Americans," and it's not the only one in the area.
Canada officials say they want Americans to understand how a trade war could impact our pockets. Canada is hitting back against tariffs on our own home turf, with billboards being places in Florida and other states. A billboard in Longwood reads "tariffs are a tax on hardworking Americans," and it's not the only one in the area.
Trevor Milton, Nikola founder, pardoned by President Trump
Prosecutors said Trevor Milton claimed to have built a revolutionary truck that was actually a GM truck with Nikola’s logo stamped onto it.
Prosecutors said Trevor Milton claimed to have built a revolutionary truck that was actually a GM truck with Nikola’s logo stamped onto it.