WA Subaru shop braces for price hikes amid new tariff on foreign cars

The 25% tariff on all foreign-made automobiles, set to take effect at midnight Wednesday, has some Seattle-area customers concerned.

Trump announces tariffs on 'Liberation Day' at The White House: FULL SPEECH
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President Donald Trump announced a series of reciprocal tariffs as part of his pledge to free the United States from what he calls years of unfair trade practices.

Here's when President Trump is announcing tariffs today

President Trump is set to announce details of his "Liberation Day" tariffs Wednesday afternoon. Here's how to watch live:

Auto part import tariffs to raise car prices
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President Trump's tariffs will go into effect on Wednesday, and automakers are concerned, saying car prices will rise for Americans. But, it's mostly due to imported car parts, not where the cars are assembled.

Fertilizer prices impacted by Trump tariffs
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A new Canadian tariff could raise fertilizer prices, meaning the higher cost for crops could hit consumers at the grocery store.

Auto industry braces for Trump tariffs
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Businesses on both sides of the border are bracing for a potential trade war as President Trump slaps a 25% tariff on the auto industry, startling late Wednesday.

Trump prepares for trade war as EU vows retaliation against US tariffs
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President Trump is preparing for a trade war. His tariff plan goes into effect on Wednesday, impacting all U.S. trading partners. The European Union sent a warning to him about that plan.

Trump speaks with Canadian PM amid trade tensions
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President Donald Trump spoke to Canadian Prime Minister Mike Carney on Friday after what has been a tense back-and-forth over trade.

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.

American breweries face aluminum tariffs
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Breweries across the country are feeling a little on edge after President Trump enacted 25% tariffs on all imported aluminum and steel last week.

European Union delays tariff retaliation
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The European Union is pulling back on its plans for retaliation against President Trump's tariffs in hopes of warding off a trade war.

EU delays retaliatory tariffs against US
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The European Union is pulling back on their plans for retaliatory tariffs in hopes of warding off a trade war.

How President Trump's tariffs could impact the auto industry
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The White House is doubling down on President Trump’s new trade strategy focusing on higher tariffs on imported goods.

Interest rates stay unchanged amid Trump tariff concerns
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Interest rates will stay unchanged after cuts late last year, despite consumers expressing concerns over prices and the Trump Administration's plan to focus on tariffs.

Trump tariffs could worsen inflation, growth
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A new economic forecast predicts President Trump's tariffs could worsen inflation and slow growth for the U.S., Canada and Mexico.

President Trump's proposed lumber tariff could raise home prices
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The Trump administration's tariffs on imports from Canada, Mexico, and China are already hiking up costs for building materials in new home construction and remodeling, with more increases looming.

President Trump's trade war continues to escalate
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President Trump is threatening a 200% tariff on European wine, champagne and spirits if the European Union goes forward with their tariff threats on American whiskey.