Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada Published Tue, Nov 26 20249:42 AM EST thumbnail Michael Wayland

Trump floated several tariff proposals during his campaign, including calling for a more than 200% duty or tax to be levied on imported vehicles from Mexico. He also has threatened, as he did during his first term in office, to increase tariffs on European vehicles. This is developing news. Please check back for additional updates.