Trump tariffs could hit automobile industry hard

(1 Aug 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
++MUTED++
Dalton, Georgia – 1 August 2025
1. Various drone footage of a Toyota dealership
ASSOCIATED PRESS
++MUTED++
Canton, Georgia – 1 August 2025
2. Various drone footage of a Hyundai dealership
ASSOCIATED PRESS
++MUTED++
Atlanta – 1 August 2025
3. Various drone footage of a Porsche dealership
STORYLINE:
An executive order issued by President Donald Trump tees up new tariffs on many countries starting Aug. 7 — as the global economy faces another test from the president’s chaotic trade agenda.

Trump’s order, signed late Thursday, imposes a change in tariffs on 66 countries, the European Union, Taiwan and the Falkland Islands. It came after a flurry of tariff-related activity in recent days, as the White House announced agreements with various nations and blocs ahead of the president’s self-imposed Friday deadline, when he previous threatened sweeping new levies would kick in worldwide.

The proposed tariffs have injected a new dose of uncertainty for consumers and businesses still wondering what’s going to happen and when. They are expected to hit the automobile industry especially hard.

===========================================================

Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.

Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives ​​
Instagram: https://www.instagram.com/APNews/

You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/7c95caaf48e34f2f909ca7ee10c9a610

Author: AP Archive
Go to Source

News post in August 6, 2025, 9:05 pm.

Visit Our Sponsor’s:
News Post In – News

Renegade_Rcih
Greetings I'm Renegade Rich, I own lots of websites and domain names. one of my favorite news type of sites are news sites. So I own lots of news sites and news domain names. My lates is https://news.post.in 😁