2025-04-30
Trump temporarily eases car tariffs following automaker complaints
US automakers will get some relief from US President Donald Trump's tariffs, according to a new White House fact sheet. Prior to his new executive order, manufacturers had to pay a 25 percent tariff on any parts used in any US-assembled vehicles. Now, they'll be able to deduct up to an amount equal to 3.75 percent of the price of a new US made car until April 30, 2026, and 2.5 percent until April 30, 2027. In addition, automakers will only be required to pay tariffs on steel or aut [...]
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2025-02-02
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
2025-05-01
Rivian R1S Gen 2 review: The rugged foundation of Rivian’s electric empire
Making electric cars from scratch is hard. Out of all the homegrown EV startups, Tesla is the only company that has broken through to the mainstream. Nikola was a scam. Canoo recently filed for bankru [...]
2025-02-01
What will happen to TikTok? A look at the potential buyers.
TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s executive order delaying enforcement of the ban was only a temporary reprie [...]
2025-03-07
Trump's federal Bitcoin reserve order leaves the crypto market unenthused
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been abou [...]
2025-04-09
Trump announces 90-day pause on tariffs, excluding China
President Donald Trump has announced a 90-day pause on the sweeping tariff plan that went into effect on Wednesday, April 9, and an increase to 125 percent on the tariff on imports from China. Even wi [...]
2025-03-27
Trump to impose 25 percent tariffs on all cars not made in the US
President Donald Trump has signed a proclamation imposing 25 percent tariffs on "all cars that are not made in the United States" on top of taxes that are already in place. The tariffs will [...]